AFS RECOMMENDS GOVERNMENT TO BUY A 78.14 % STAKE IN BTA BANK
02.02.09 14:53
/INTERFAX-KAZAKHSTAN, Astana, February 2, 09, translated into English by
KASE/ - The state agency of Kazakhstan for financial supervision (AFS) suggests
the Government buy 78.14 % common shares in the largest commercial bank of
the republic BT Bank.
"AFS opinion on necessity of additional offering of 29,915,425 common shares of
BTA Bank has been prepared; this will consequently form the stake of the State
fund Samruk-Kazyna" (in the share capital of the bank. - "IF-K") equal to 78.14%
common shares", - head of AFS Elena Bakkhmutova informed at the government
meeting on Monday.
End of message INTERFAX-KAZAKHSTAN
The aforementioned block of information agency INTERFAX-KAZAKHSTAN has
been retranslated by Kazakhstan Stock Exchange (KASE) by the special permit of
the director of the agency. KASE is releasing the text in the form it was
received by the exchange.
[2009-02-02]