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Finance

Oil news local content Kazakhstan Kazakh field Debt BTA Bank
Education campaign launched to raise people’s awareness of People’s IPO Education campaign launched to raise people’s awareness of People’s IPO 660 lecturers are being currently trained to conduct workshops for common people across Kazakhstan after May 11.
25 April 2012
Foreigners can pump $20 billion out of Kazakh oil fields Foreigners can pump $20 billion out of Kazakh oil fields Foreign professionals will be able to earn $15-20 billion in 7-9 years working on development of major oil fields of Kazakhstan.
24 April 2012
BTA Bank suspends payments on bonds BTA Bank suspends payments on bonds BTA Bank announced suspension of all payments in relation to its restoration bonds.
24 April 2012
Ablyazov was siphoning off money of Russian AMT Bank to U.S. via Kazakhstan Ablyazov was siphoning off money of Russian AMT Bank to U.S. via Kazakhstan Ex-chairman of BTA Bank Mukhtar Ablyazov was siphoning off the funds of Russian AMT Bank to the U.S. via Kazakhstan.
24 April 2012
Kazakhstan’s economy attracted $147 billion in FDI in 2011 Kazakhstan’s economy attracted $147 billion in FDI in 2011 April 18 Geneva hosted the 11th sitting of the working group on Kazakhstan’s accession into the WTO.
20 April 2012
Toxic assets fund under the National Bank of Kazakhstan launched Toxic assets fund under the National Bank of Kazakhstan launched Should the toxic assets fund be successful, second tier banks will get rid of toxic assets worth $2 billion: Central Bank Governor.
19 April 2012
IMF upbeat about Kazakhstan’s economy IMF upbeat about Kazakhstan’s economy International Monetary Fund (IMF) in its World Economic Outlook report forecasts that the 2012 Kazakhstan’s real GDP growth will make up 5.9%, reaching 6% in 2013.
18 April 2012
Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan will suspend gas supplies to Kyrgyzstan on May 1 Kazakhstan is going to stop gas supplies to Kyrgyzstan for debts.
17 April 2012
KazTransOil to float its shares within People’s IPO in September KazTransOil to float its shares within People’s IPO in September www.halyk-ipo.kz website has been launched recently to provide news on the Program, informing visitors on the participating companies and securities market basics.
13 April 2012
TENGRI LIFE
TENGRI TRAVEL
Kazakhstan launches a website to promote its People’s IPO Program Kazakhstan launches a website to promote its People’s IPO Program According to President Nazarbayev, the IPO for the general public will enable citizens to purchase shares of the largest Kazakh companies, giving them a new tool for investments and savings.
12 April 2012
Central Bank Governor on international reserves Central Bank Governor on international reserves Kazakhstan’s net international reserves in March 2012 decreased by 8.79% against February to make up $31.753 billion
11 April 2012
Marchenko told about Nazarbayev's instructions Marchenko told about Nazarbayev's instructions BTA bank will continue into the second restructuring. Alliance Bank will be merged or sold to a strategic investor.
11 April 2012
Annual inflation reached its 14-year lowest in Kazakhstan Annual inflation reached its 14-year lowest in Kazakhstan 12-month inflation rate in Kazakhstan has reached its 14-year minimum as of April 2012: Marchenko.
11 April 2012
President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring President Nazarbayev urges to stabilize BTA and Alliance Banks following debt restructuring He emphasized that threats to the global economy and limgering Eurozone problems may have their effect on the country’s financial system.
11 April 2012
Kazakhstan invested $1 billion in Kyrgyzstan in 6 years Kazakhstan invested $1 billion in Kyrgyzstan in 6 years Kazakhstan Minister of Economic Development and Trade met with Kyrgyzstan Minister of Economy and Anti-Monopoly Policy in Astana.
10 April 2012
Kazakhstan passes the first ever Islamic Finance Development Roadmap Kazakhstan passes the first ever Islamic Finance Development Roadmap Kazakhstan is already home to Al Hilal Islamic Bank. The Bank is a 100% subsidiary of Al Hilal Bank, UAE, and the first Islamic bank in Kazakhstan and CIS countries.
10 April 2012
Over 2,000 employees of Kazpost to be involved in People's IPO Over 2,000 employees of Kazpost to be involved in People's IPO Over 2 thousand employees of Kazpost will be involved in implementation of the People's IPO program.
06 April 2012
Kazakhstan prefers to invest in Kyrgyzstan banking sector Kazakhstan prefers to invest in Kyrgyzstan banking sector Kyrgyzstan's banking sector is the most attractive sector in the country's economy for Kazakhstan investors.
04 April 2012
Ski jumps construction to be continued in Almaty Ski jumps construction to be continued in Almaty Almaty city’s budget was increased by 21.3 billion tenge ($144 million).
04 April 2012
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