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Debt Restructuring Agency in talks with potential buyers of Zalkar Bank.

The Agency for Reorganization of Banks and Debt Restructuring is holding talks with potential investors of Zalkar Bank OJSC, Kanysh Sharshekeeva, Director of the Agency, told Tazabek on Monday. Kanysh Sharshekeeva did not name potential investors. "The talks are in progress. The official bids were not submitted," Sharshekeeva said. The interdepartmental commission made the decision on January 17, 2012, to hold the fourth auction for sale of 100% stake in Zalkar Bank. The commission made the decision to drop the original price of the Bank by 35% - from 1.08 billion to 702 million som. No bids were received for the third auction scheduled for 19 December 2011. The price was dropped by 30% from 1.08 to 756 million som at that time. No bids were received for the second auction scheduled for 30 November 2011. The price was dropped by 25% - from 1.08 billion to 810 million som.

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Publication:AKIpress News Agency
Date:Jan 16, 2012
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