KAZAKH GOVERNMENT WILL NOT OFFER PEOPLE'S BANK SHAREHOLDING FOR AUCTION

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11:10 28.09.2001
text: Caspian news agency
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Kazakh government took a decision on canceling tender on selling the shareholding of People's Bank, Kazakh Financial Minister Majit Esenbayev informed deputies of Kazakh parliament. The government intends to divide the shareholding into two parts. "Two thirds of shares will be sold in the auction, the rest - will go to stock exchange," Esenbayev said.