UAE fund buys 25% stake in Kazakhstan’s top bank

Kazakhstan|business|June 23, 2008 / 12:07 PM

AKIPRESS.COM - Kazkommertsbank, Kazakhstan’s largest bank by assets, on Friday said an investment fund based in the United Arab Emirates has agreed to increase its stake in the bank to 25%, helping to reassure investors of the bank’s ability to weather harsher credit conditions, reported Gulf Time...

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