Halyk Bank top manager on purchase of BTA
Purchase 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.
Halyk Bank on purchasing BTA
Halyk Bank has entered negotiations over the offer to purchase BTA. The due diligence is under way.
London's High Court allows Ablyazov's property sale in Great Britain
London’s High Court has approved the sale of property of the former BTA Bank’s chairman Mukhtar Ablyazov in Great Britain.
Buying BTA Bank may have harm Halyk Bank: Standard & Poor’s
In case of this deal Halyk will become the biggest Kazakhstan bank by assets and its market share will make over 25 percent.
Samruk-Kazyna may purchase Halyk Bank Pension Fund through selling its stake in BTA Bank
February 4 Kazakhstan’s President Nursultan Nazarbayev commissioned the Fund to exit the earlier bailed-out banks within a year’s time.
London court orders Ablyazov's accomplices to pay over $1.5 billion to BTA
London's High Court has made more rulings in favor of BTA Bank in the process against Ablyazov and his accomplices.
British Supreme Court ends Ablyazov's legal maneuvers
Great Britain's Supreme Court has dismissed the appeal of ex-chairman of Kazakhstan's BTA Bank Mukhtar Ablyazov.
Anvar Saidenov resigns from BTA Bank's board
BTA Bank announced planned changed in the board in relation to completion of the restructuring procedure.
It’s feasible for Samruk-Kazyna to exit three bailed out banks in 2013
February 4 Kazakhstan’s President Nursultan Nazarbayev commissioned the Fund to exit the banks within a year’s time.
Samruk-Kazyna to exit BTA Bank, Alliance Bank and Temirbank: Nazarbayev
President stressed that several measures had been taken in the banking system to decrease the external debt and the process had to be continued.
Foreign Minister reveals ugly truth on exile banker Mukhtar Ablyazov
According to the Minister, Kazakhstan has a right to defend its reputation against media campaigns run by the exile ex banker Mukhtar Ablyazov who is deliberately tarnishing the nation’s image in the media.
US grants injunction against legal action to Kazakhstan's BTA bank
The injunction issued by the Bankruptcy Court on January 3 blocks any enforcement of debts against the bank or its property in the U.S.
A chapter in BTA Bank's restructuring to close today, December 28
The issue of BTA Bank’s restructuring will be closed in Almaty financial court on December 28.
London's High Court ordered Ablyazov to pay $2 billion
London’s High Court has made a ruling against Mukhtar Ablyazov in two $2 billion civil lawsuits of Kazakhstan's BTA Bank.
London Court of Appeals upheld ruling to jail and debar Mukhtar Ablyazov
It is difficult to imagine a party to commercial litigation who has acted with more cynicism, opportunism and deviousness towards court orders than Mr Ablyazov: Court of Appeals.
BTA Bank opened yuan account in the Industrial and Commercial Bank of China
BTA Bank and ICBC, the world’s biggest bank by assets, agreed to open a correspondent account of BTA Bank in ICBC Almaty.
Mukhtar Ablyazov accused of inciting deadly social unrest in Zhanaozen
46 criminal cases have been initiated in Kazakhstan by a special prosecutor against Mukhtar Ablyazov who is accused of siphoning off over $5 billion out of BTA Bank.
BTA Bank started negotiations over restructuring of its debts
BTA is expecting arrival of the creditors commission in Almaty for a meeting to discuss results of due diligence next week.
Ablyazov's lawyers are allowed to keep his whereabouts secret
The obligation to disclose the information about the client would deprive him from the right to legal priviledge: Judge.
London court allowed Ablyazov to appeal the ruling
It is striking that fears for Ablyazov’s personal safety on which he now relies so heavily were voiced only after judgment was given in the committal proceedings: Judge.