Samruk to consider exiting BTA following the 2nd debt restructuring
The mid-term strategy is for the Fund to exit the [earlier bailed out] banks.
BTA Bank files debt restructuring plan to Almaty court
BTA Bank has presented a plan of debts restructuring to Almaty court.
Ablyazov is capable of most radical actions: Yertysbayev
Adviser to Kazakhstan President called law-enforcement authorities to stay alert while former chairman of BTA Bank Mukhtar Ablyazov remains out of prison.
Ablyazov's offshore companies misled London's Court
The companies related to ex-chairman of BTA Bank Mukhtar Ablyazov were misleading London’s High Court and had no valid defense on creditors’ case.
BTA Bank suspends payments on bonds
BTA Bank announced suspension of all payments in relation to its restoration bonds.
Ablyazov was siphoning off money of Russian AMT Bank to U.S. via Kazakhstan
Ex-chairman of BTA Bank Mukhtar Ablyazov was siphoning off the funds of Russian AMT Bank to the U.S. via Kazakhstan.
Ablyazov cannot appeal London court's ruling: BTA lawyers
Mukhtar Ablyazov has to be deprived of his right to appeal this ruling, as he is currently on the run: lawyers.
Marchenko told about Nazarbayev's instructions
BTA bank will continue into the second restructuring. Alliance Bank will be merged or sold to a strategic investor.
President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring
He emphasized that threats to the global economy and limgering Eurozone problems may have their effect on the country’s financial system.
BTA is our bank and we will support it: Shukeyev
Chairman of Samruk-Kazyna National Welfare Fund commented the statements of bankers about the future of BTA Bank.
Court transferred control over Ablyazov's assets to KPMG
London's High Court has prohibited deals involving assets of the former chairmen of BTA Bank and transferred control over his assets to KPMG.
Halyk Bank Board Chairperson under fire over her comments on BTA’s viability
At a press-conference in Almaty April 3, Halyk Bank Chairperson of the Board Ms. Umyt Shaykhmetova criticized the BTA’s plans of the second debt restructuring.
BTA Bank estimates its damage from Zhanaozen clashes at 56 million tenge
BTA Bank has calculated its losses from December clashes in Zhanaozen.
London court will deprive Ablyazov of right to defend in court
London’s High Court will deprive former chairman of BTA Bank Mukhtar Ablyazov of right to defend in court, if he does not give in to British court by March 9.
BTA Bank to cut 25 percent of jobs
BTA Bank has started optimizing its personnel and structure. 25% of its employees are going to be axed.
BTA filed motion to deprive Ablyazov of right to defend in court
BTA Bank has applied to London's High Court with a motion to deprive Mukhtar Ablyazov of the right to protect his interests in court.
Ablyazov will spend 22 months in British prison
The High Court of England has sentenced the former chairman of BTA Bank Mukhtar Ablyazov to 22 months in prison for contempt of court.
London Court decreed to arrest Ablyazov
London Supreme Court decreed to arrest former head of BTA Bank Mukhtar Ablyazov for contempt of court.