Kazakh bank Alliance sees $856 mln govt injection

ALMATY, July 15 (Reuters) - Kazakhstan's No.4 bank Alliance (ALLBq.L) said on Wednesday the government would inject 129 billion tenge ($856 million) into its capital after the bank completes its $4 billion debt restructuring.

As part of the deal, state welfare fund Samruk-Kazyna will take over the bank and provide necessary funds to restore capital adequacy, Alliance said in a statement. (Writing by Olzhas Auyezov; Editing by Maria Golovnina)