Tender among advisers for sale of state share of Narodny Bank of Kazahstan securities is announced

/IRBIS, Sep.17, 99/ - Committee on State Property and Privatization of Kazakhstan has distributed the official report. According to it, the Ministry of Finance of Kazakhstan has announced tender for choice of the adviser on sale of a state share of Narodny Bank of Kazahstan securities. Investment companies, banks and specialized consulting firms are invited for participation in the tender. Till October 10 they should offer their variants of privatization. Karim Masimov, the chairman of the bank's board has declared to the journalists, that some institutional investors and international financial institutions has shown already their interest (he has refrained to name them). It is remarkable, that Masimov does not exclude participation of KAZKOMMERTSBANK - the largest private financial institutions of the Republic. The Government of Kazakhstan plans to determine the adviser till October 15.