Samruk-Kazyna to Shed Bank Stakes

Posted on 10/11/2013


Atentative agreement has been reached between Kazakhstan sovereign wealth fund Samruk-Kazyna and billionaire mining titan Bulat Utemuratov for the sale of the fund’s stake in Temirbank as well as some of its stake in Alliance Bank JSC, according to a statement. The public institutional investor will retain a majority stake in Alliance Bank. The wealth […]

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