site.news_by_theme BTA Bank

The mid-term strategy is for the Fund to exit the [earlier bailed out] banks.

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

Adviser to Kazakhstan President called law-enforcement authorities to stay alert while former chairman of BTA Bank Mukhtar Ablyazov remains out of prison.

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

Ex-chairman of BTA Bank Mukhtar Ablyazov was siphoning off the funds of Russian AMT Bank to the U.S. via Kazakhstan.

Mukhtar Ablyazov has to be deprived of his right to appeal this ruling, as he is currently on the run: lawyers.

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

BTA bank will continue into the second restructuring. Alliance Bank will be merged or sold to a strategic investor.

He emphasized that threats to the global economy and limgering Eurozone problems may have their effect on the country’s financial system.

Chairman of Samruk-Kazyna National Welfare Fund commented the statements of bankers about the future of BTA Bank.

London's High Court has prohibited deals involving assets of the former chairmen of BTA Bank and transferred control over his assets to KPMG.

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 has calculated its losses from December clashes in Zhanaozen.

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 has started optimizing its personnel and structure. 25% of its employees are going to be axed.

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.

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

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