The 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.
The U.S. court has dismissed a claim of Rakhat Aliyev’s relatives -- brothers Devincci and Issam Hourani -- against Samruk-Kazyna board member Alexander Mirtchev and his company Krull Corporation.
Mr. Gref earlier expressed concerns that Kazakhstan is taking steps to restrict operations of foreign banks in Kazakhstan, including those of Sberbank.