The Kazakh government sees Halyk's takeover as the best way to solve KKB’s bad loans problems, which stem largely from its takeover of failed bank BTA in 2015.
Less than two months after its founding by The Bitfury Group, the Global Blockchain Business Council, the first global body set up to educate businesses on the latest innovations in blockchain technology, is establishing a chapter in Washington.
Emerging market stocks have been hit harder than it appears by the election of President Donald Trump.
If the stimulus plan works then the presidential succession should be smooth and Kazakhstan will be a positive role model for the CIS-Eurasia region.
BTA pursuing Kazakh tycoon Ablyazov through the international courts as bank's collapse continues to have repercussions for local banking sector.
Capital amnesty programme falls well below target, largely benefits corrupt elite and ignores offshore money flows.
Provisional deal hinges on Problem Loans Fund absorbing KKB's rotten loans.
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