Kazakhstan’s Alliance Bank’s plan hearing tentatively set for Dec. 11

By Caroline Salls

Pittsburgh, Nov. 20 – JSC Alliance Bank’s application for approval of its restructuring plan is tentatively scheduled to be considered by the Specialized Inter-district Economic Court of Almaty on Dec. 11, according to a news release.

As previously reported, the restructuring plan has already been approved by the bank’s creditors and shareholders.

Alliance Bank is focused on small and medium enterprises and the retail segment. It is based in Almaty, Kazakhstan.

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