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Bad loans shipped out as Halyk Bank cleans up balance sheet
Kazakhstan’s Halyk Savings Bank has received regulatory approval from the country’s central bank to set up a subsidiary to house its bad loans. The special purpose vehicle will manage Halyk’s “doubtful and bad assets,” the bank said in a statement.
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10 Oct 2012
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Latest news from FIG
-
The UK risks missing an opportunity on MREL
27 Jul 2021 -
Banks expected to eschew early TLTRO repayments
27 Jul 2021 -
Sampo reduces debt through senior tender
27 Jul 2021 -
ICBC Leasing bags $1.25bn triple trancher
27 Jul 2021 -
ECB ends dividend ban ahead of stress test
26 Jul 2021
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