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| kazakhstan, economy
| | Kazakh President holds meeting with PM, National Bank Chairman and Samruk-Kazyna Chairman
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| 1 September 2010, 16:51
| CA-NEWS (KZ) - Head of the State Nursultan Nazarbaev has held a meeting with Prime Minister Karim Masimov, Chairman of the National Bank Grigory Marchenko and Chairman of the Board of 'Samruk-Kazyna' National Welfare Fund Kairat Kelimbetov; the Presidential press service told Kazinform.
The President was informed of the plan on restructuring BTA Bank that was approved by the Agency on Financial Supervision on August 31.
Nazarbaev noted that as a result of the proper strategy the state stabilized its banking system.
At a briefing for journalists Grigory Marchenko said that debt restructuring of Alliance Bank and Temir Bank had been completed this year. "Thus all the three banks, which started the restructuring in spring last year, completed it successfully so far. The total amount of written-off debts is about USD 11 billion," Marchenko said.
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