KazKom is key bidder for Barclays Russian subsidiary
KazKommertsBank is the most likely bidder because it is offering to buy Barclays entirely and not just some of its parts.
Exchange rate will reach 142-144 tenge for US dollar in 2011
Experts of BTA Analitika are expecting tenge to keep strengthening in 2011.
Medvedev called to create a special SCO account
Dmitry Medvedev suggested to create a special SCO account to support major projects of the Organization.
National Bank issued new 1,000 tenge note to commemorate Kazakhstan's OIC chairmanship
National Bank has issued a new one thousand tenge note on the occasion of Kazakhstan's chairmanship in the Organization of the Islamic Conference.
Inflation demolishes pension savings in Kazakhstan
Profitability of pension funds does not exceed inflation rate: Maira Kichigina, Deputy Chairman of Narodny Bank Kazakhstan Pension Fund.
Kazakhstan citizens pay 260% on mortgages
Mortgage agency Penny Lane Realty made a rating of mortgage availability in different countries.
30% of Kazakh citizens do not trust People's IPO
Nearly one third of Kazakhstan citizens (29.9 percent) do not trust the idea of the People's IPO.
Kazakhstan wages eight times higher than in Tajikistan
Mojazarplata website released a comparison of average wages in the former Soviet countries.
Nazarbayev instructed to decrease cellular communication rates
Nursultan Nazarbayev instructed Minister of Communications and Information to work out a way to lower the costs of cellular communication.
National Bank to issue new 10-thousand note
Kazakhstan National Bank will issue a new 10-thousand note to commemorate 20th anniversary of Kazakhstan independence.
BTA might sell its foreign assets
BTA Bank does not preclude a possibility of selling its foreign assets.
IMF increased its expectations of economic growth in Kazakhstan
Kazakhstan economic growth in 2011 is expected to reach 5.9 percent: the International Monetary Fund.
A detailed plan of “People's IPO” will be prepared in Kazakhstan by June 1
A detailed plan of the People's IPO will be prepared in Kazakhstan by June 1, 2011.
Karim Massimov revealed secret of reliable policies
Kazakhstan Prime-Minister Karim Massimov has shared a secret of reliable policies in his Twitter.
Presence of foreign banks does not pose systematic risks in middle term
The architecture of the Kazakhstan’s banking sector will not be changed with foreign players entering the market: Grigory Marchenko, Head of the National Bank.
Kazakhstan GDP grew 6.5% in Q1 2011
Ministry of Economic Development announced the Q1 2011 economic results. Customs Union yielded noticeable results.
Q1 2011 budget surplus standing at $ 2 billion: Troika Dialogue
We expect a budget surplus of 5% of the national GDP: experts with Troika Dialogue Investment Company.
Banks assets stand at $84.6 billion as of April 1
Total deposits grew 3.9% in March, making up $49.5 billion, with 67.8% being deposits of legal entities.
76% say investments into Kazakhstan sucessful: Ernst & Young
According to Ernst & Young, one of the Big Four auditors, 81% of the investors believe their investments to Kazkahstan were a right decision. 76% of them consider the investments to be successful.