Kazakh state holding eyes sale of Sberbank subsidiary to foreign investor


Kazakh financial holding Baiterek is weighing the sale of the local arm of Russian banking group Sberbank. 

Earlier this month, Baiterek acquired Sberbank Kazakhstan for an undisclosed sum.

“Our goal is to make sure the bank operates smoothly. The talks on removing the bank from the sanctions lists will be easy to hold if state...