AT1 Boom Hits Kazakhstan as ForteBank Gets $1 Billion of Bids
A Kazakh bank created through the merger of several local lenders with a history of defaults is the latest borrower to raise a high-risk form of bank capital.
By Edward Clark, Nariman Gizitdinov, Tasos Vossos ยท Bloomberg Markets
A Kazakh bank created through the merger of several local lenders with a history of defaults is the latest borrower to raise a high-risk form of bank capital.