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Samruk Kazyna HQ. © Vladimir Dmitriyev
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.

Samruk to consider exiting BTA following the 2nd debt restructuring
Photo by Yaroslav Radlovskiy©
BTA Bank files debt restructuring plan to Almaty court

BTA Bank has presented a plan of debts restructuring to Almaty court.

BTA Bank files debt restructuring plan to Almaty court
Advisor to Kazakhstan President Yermukhamet Yertysbayev. ©tengrinews.kz
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 is capable of most radical actions: Yertysbayev
Mukhtar Ablyazov. Photo by Yaroslav Radlovskiy©
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.

Ablyazov's offshore companies misled London's Court
BTA Bank. Photo courtesy of vesti.kz
BTA Bank suspends payments on bonds

BTA Bank announced suspension of all payments in relation to its restoration bonds.

BTA Bank suspends payments on bonds
Photo courtesy of station.ru
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 was siphoning off money of Russian AMT Bank to 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.

Ablyazov cannot appeal London court's ruling: BTA lawyers
Photo by Yaroslav Radlovskiy©
New chairman of BTA Bank appointed

Erik Balapanov has been elected a new chairman of BTA Bank.

New chairman of BTA Bank appointed
Gregory Marchenko. Photo by Vladimir Dmitriyev©
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.

Marchenko told about Nazarbayev's instructions
President Nursultan Nazarbayev. Vladimir Dmitryev ©
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.

President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring
Chairman of Samruk-Kazyna National Welfare Fund Umirzak Shukeyev. Photo by Yaroslav Radlovskiy©
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.

BTA is our bank and we will support it: Shukeyev
Mukhtar Ablyazov. Photo courtesy of vesti.kz
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.

Court transferred control over Ablyazov's assets to KPMG
Chairman of the board of BTA Bank Anvar Saidenov. Photo by Yaroslav Radlovskiy©
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.

Halyk Bank Board Chairperson under fire over her comments on BTA’s viability
Damaged building of BTA Bank in Zhanaozen. Photo by Maksim Popov©
BTA Bank estimates its damage from Zhanaozen clashes at 56 million tenge

BTA Bank has calculated its losses from December clashes in Zhanaozen.

BTA Bank estimates its damage from Zhanaozen clashes at 56 million tenge
Mukhtar Ablyazov. Photo by Yaroslav Radlovskiy©
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.

London court will deprive Ablyazov of right to defend in court
Photo by Yaroslav Radlovskiy©
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 Bank to cut 25 percent of jobs
Former chairman of BTA Bank Mukhtar Ablyazov. Photo by Yaroslav Radlovskiy©
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.

BTA filed motion to deprive Ablyazov of right to defend in court
Mukhtar Ablyazov. Vesti.kz stock photo
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.

Ablyazov will spend 22 months in British prison
Mukhtar Ablyazov. Photo by Yaroslav Radlovskiy©
London Court decreed to arrest Ablyazov

London Supreme Court decreed to arrest former head of BTA Bank Mukhtar Ablyazov for contempt of court.

London Court decreed to arrest Ablyazov
©RIA Novosti
DDoS attacks on BTA website continue

The corporate website of BTA Bank is under DDoS attacks again.

DDoS attacks on BTA website continue