Companies of BTA group to be united with KKB structures or sold

Date: 03:47, 09-04-2014.

Almaty. April 9. KazTAG - The companies of BTA Bank's group will be united with appropriate structures of Kazkommertsbank (KKB) or sold, said Nina Zhusupova, chair of KKB.

"As for the group, we are speaking straight out: it must be optimized. What is such a big number of insurance companies for? Clearly, as we are a banking group and focused only on the banking products we have clear parallel in some companies and we will optimize it," she said.

"The companies will be unified or sold," she said.

She reminded the KKB group received the decisions concerning approval of bargain on BTA purchase.

"But we received them with suspensive conditions which stipulate detailed research of the BTA Bank attracting consultants. We will have to form an estimate concerning the BTA and present it to a corresponding KKB body," she added.

Share the news: