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ECONOMY
BTA Bank not to go bankrupt
18:14 24.11.2009
Astana. November 24. Kazakhstan Today - JSC Company BTA Bank is not going bankrupt. The Minister of Economy and Budgetary Planning of Kazakhstan, Bahyt Sultanov, informed at the plenary session of IV Civil Forum, the agency reports citing official mass media.
"JSC Company BTA Bank is not going bankrupt as the bank has been implementing debt re-structuring quite successfully. It has allowed easing of the burden of these obligations," B. Sultanov said. According to the Minister of Economy, as a whole, the statistics shows that, following the results of the last two years, trust to the banking system by the legal institutions, investors, and physical entities has been restored. This information may not be reproduced without reference to Kazakhstan Today. Copyright of materials of News Agency Kazakhstan Today. Просмотров: 10
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