Kazkommertsbank buys shares of Turkey’s Sekerbank

ALMATY (TCA) — A Share Purchase Agreement was signed on December 30 between Kazakhstan’s Sovereign Wealth Fund Samruk-Kazyna (SK) and Joint Stock Company Kazkommertsbank (KKB) regarding the purchase of 224,353,416.49 shares in Şekerbank T.A.Ş. by KKB which represents 19.37 percent of the share capital of Şekerbank, the press service of KKB said. Continue reading