Halyk Bank may give up on BTA dealThe deal to purchase BTA by Halyk Bank may take longer than planned; one shouldn’t rule out the possibility of Halyk Bank giving up on the idea of purchasing BTA in case Kazakhstan Government doesn’t offer concessions in terms of price.
21 June 2013
Halyk Bank top manager on purchase of BTAPurchase of BTA by Halyk Bank and sales of Halyk Bank’s pension fund [to the Government] should be separate deals: Halyk Bank Chairman of the Board Alexander Pavlov.
18 June 2013
Halyk Bank on purchasing BTAHalyk Bank has entered negotiations over the offer to purchase BTA. The due diligence is under way.