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18-06-2018 16:06 4242

China Citic Bank Corp

 

Chinese China Citic Bank Corp intends to place assets of Altyn Bank bought by Kazakhstan till 2021.

Their volume is expected to reach $ 4 billion up to the specified period.

Citic agreed to acquire 50.1% stake in Altyn Bank in 2016 with Kazakh Halyk Bank. The transaction was closed last month.

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