The debt restructuring deal for Kazakhstan's BTA Bank was signed in May 2010, but a bitter dispute between the current and former owners of the bank continues to cast a shadow over its future. Writer Philip Alexander
Asia-Pacific
Latest articles from Kazakhstan
The Kazakh government is supporting Islamic finance, helped by Abu Dhabi
May 28, 2010The Kazakhstan government is strongly promoting the development of Islamic finance in the country to diversify its financial sector, with strong support from Abu Dhabi. Writer Philip Alexander
Kazakh banks replace leverage with capital
May 5, 2010Kazakhstan's banks are divided between those that are cash-strapped and looking at restructuring, and cash-rich survivors trying to find new lending opportunities. Writer Philip Alexander
Survivors plan their escape from crisis
August 4, 2009In May, The Banker examined the fate of Kazakhstan's fallen giant, Bank BTA. The Kazakh banks that have stayed solvent now explain their recovery strategies. Writer Philip Alexander
Battered and bruised but ready to move forward
May 5, 2009BTA Bank has been at the centre of a financial storm involving a state bail-out, Kazakhstan's real estate crash and rotating central bank governors. However the tools to stabilise the situation now appear to be in place. Writer Philip Alexander
Kazakhstan Searches for pain relief
August 4, 2008When the credit crunch struck, Kazakhstan was first hit and worst hit among emerging markets. Philip Alexander looks for signs of recovery.
A steady hand in a time of crisis
April 7, 2008CEO of Halyk Bank and former governor of Kazakhstan’s central bank, Grigori Marchenko tells Karina Robinson why the Federal Reserve got it wrong.
New strength attracts interest
August 1, 2007Kazakhstan’s economic growth story is attracting foreign investors, especially in the booming banking sector. Ben Aris reports.
Kazakh bank makes inroads into China
August 1, 2007One emerging market bank on the move is Bank TuranAlem, which, as one of the largest private banks in the Commonwealth of Independent States (CIS), is expanding overseas.