Samruk-Kazyna

Astana receives most of its financial support from Kazakh state holding company Samruk-Kazyna, but the Central Asian nation's economy has been badly hit by the global financial crisis.

Astana survives UCI deadline but future unclear 2009

The restructuring process was completed last September, and Samruk-Kazyna has started to look for foreign banks to take BTA and Alliance off its hands.

Ireland Should Consider Kazakh Move Paul Hannon 2011

Deputy Prime Minister Umirzak Shukeyev was appointed to run Samruk-Kazyna, which manages state assets of around $80 billion.

WORLD WATCH 2011

In the process of taking the path less traveled, Samruk-Kazyna has come up with a novel concept, aided by international law firm White & Case.

Ireland Should Consider Kazakh Move Paul Hannon 2011

"We realized that if we bankrupted them, the next day we would lose the whole banking sector," said Kairat Kelimbetov , chief executive of Samruk-Kazyna, the holding company for the state's stakes in about 400 Kazkah companies.

Ireland Should Consider Kazakh Move Paul Hannon 2011

Through Samruk-Kazyna, it put taxpayers' money on the line, injecting fresh capital into both BTA Bank and Alliance Bank, two major lenders.

Ireland Should Consider Kazakh Move Paul Hannon 2011

KAZAKHSTAN President Fires Head Of Sovereign-Wealth Fund Kazakh President Nursultan Nazarbayev sacked his son-in-law as head of the country's sovereign-wealth fund Samruk-Kazyna, after a strike at the fund's core oil and gas asset erupted into the Central Asian state's deadliest clashes in decades.

WORLD WATCH 2011

Astana receives most of its financial support from the Kazakh state holding company Samruk-Kazyna, but the Central Asian nation's economy has been hit hard by the global financial crisis.

Armstrong leads team protest over money at Giro 2009

Part of the deal with BTA's creditors is that if and when this money is recovered through legal action, Samruk-Kazyna and the creditors will split the proceeds.

Ireland Should Consider Kazakh Move Paul Hannon 2011

Samruk-Kazyna now owns majority stakes in Bank Turan Alem, or BTA, and Alliance Bank, among others.

Kazakhstan Looks for Tour Lift 2010