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Halyk Bank and BTA Bank Merger

Published: August 7, 2013 | 11:29 am
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At what stage is the proposed merger between the Kazakhstani banks Halyk and BTA? Negotiations on this issue started several weeks ago, but no firm decisions have been made yet. Subsequently, it is also not known when the two banks’ Georgian subsidiaries will merge. The Director General of Halyk Bank Georgia has told TV3 that it might take another few months for a final decision to be made. Spokesmen at BTA Bank Georgia have declined to comment on the issue prior to the completion of the negotiations process.

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