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View Full Version : Kazakh Banks Won't Need Further Aid, Marchenko Says - Bloomberg



NewsWhore
06-17-2009, 02:01 PM
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Kazakh Banks Won&#39;t Need Further Aid, Marchenko Says (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DaVGJJaeVZVHc&cid=1262731961&ei=VTI5Srz7BJPy6wO9vdn_Bw&usg=AFQjCNFOPAnJYtkbnuzT7mvpo5i7InKs6g)
Bloomberg
The central bank this year devalued its currency, the tenge, and the state took control of the biggest lender, BTA Bank, which in April stopped making debt repayments. Marchenko declined to speculate on the debt-restructuring proposal for BTA, ...


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