According to Kanat Sharlapayev, CEO of the National Holding Baiterek, Bereke Bank might be sold to a foreign investor. The process of selling this bank, a former Sber Kazakhstan, may last up to 18 months.
The main task for the holding is to bring the bank back to normal work by lifting foreign sanctions. Then the bank will be sold, said Sharlapayev.
«I would personally prefer a foreign investor. This is necessary to strengthen competitiveness between actors in the financial market. Although, of course, I won’t be the only decision maker,» he said.
However, in order to achieve this goal...