BTA overhauled its debt in December for the second time since 2010.
Government Plans, then-Deputy Prime Minister Kairat Kelimbetov, who was appointed central bank chairman last month, said in February that the government wanted to buy Halyk's pension fund with BTA shares, according to Interfax.
Kazakhstan's sovereign wealth fund Samruk-Kazyna said it's scrapping a jak zrobić własnego bota do gry planned acquisition of three pension funds controlled by commercial lenders after Halyk Bank halted talks on buying the government's shares in BTA Bank. .
Presidential Orders, kazakh President Nursultan Nazarbayev has ordered the sale of state stakes in Alliance, Temirbank and BTA by the end of this year.Js (expiration not specified) g (expiration not specified) f (expiration not specified) g (expiration not specified) g (expiration not specified) (expiration not specified) s (expiration not specified) (expiration not specified) g (expiration not specified) g (expiration not specified) g (expiration not specified) g (expiration not.After credit markets froze and a property bubble burst, Samruk-Kazyna took over BTA, the biggest lender at the time, Alliance Bank and Temirbank.The lender managed money belonging.5 million individuals, according to the pension fund's website.Js (expiration not specified) ansitions."That's the current situation, but we will see what can be done on this issue Shayakhmetova said, without elaborating.Halyk 's pension fund had a net income.9 billion tenge in the third quarter as it charged management fees equal to 15 percent of investment income and.6 percent of assets a year, according to its presentation.BTA's Ular Umit and Kazkommertsbank's Grantum managed 425 billion tenge and 332 billion tenge, the data show.To contact the editor responsible for this story: Stephen Voss at This email address is being protected from spambots.As part of a move to unify Kazakhstan's almost 23 billion of retirement savings under a single state-run pension fund, the Kazakh government had said it planned to swap its stake in BTA for Halyk's pension fund.
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"Potential buyers continue due diligence on BTA Bank Samruk-Kazyna said today.
The transfer of assets under management of Halyk's pension fund will begin on March 26 and is scheduled to be completed by June 26, the lender said in a presentation on its website.
"Taking into account that the sale of BTA Bank to Halyk won't happen, Samruk-Kazyna doesn't plan to purchase stakes in pension funds, including Halyk's unit the Astana-based wealth fund said in a statement e-mailed today.
It's followed by the state-owned pension fund with 741 billion tenge in assets.