Showing posts with label Kazakhstan. Show all posts
Showing posts with label Kazakhstan. Show all posts

Wednesday, June 22, 2011

Samruk-Kazyna plans to acquire up to 25% in Alliance Bank, BTA Bank, Narodny Bank and Kazkommertsbank, advisor to Kazakhstan prime minister says

Samruk-Kazyna, a Kazakhstan state-owned fund, is planning to acquire up to 25% of the ordinary voting shares in the four largest banks in Kazakhstan, said Alexander Mirtchev, one of the directors of Kazyna Fund and advisor to the prime minister of Kazakhstan.

Tuesday, April 12, 2011

Timur Kulibayev to head $80bn Kazakh Sovereign wealth fund

Timur Kulibayev, the billionaire friend of Prince Andrew, has been made chairman of Kazakhstan's $80bn (£49.2bn) sovereign wealth fund, cementing his position as the most important business figure in the resource-rich former Soviet republic.

The Samruk-Kazyna fund, holds a 14.99pc stake in Kazakhmys, and 11.65pc of ENRC, two of the FTSE 100's leading mining companies.