Italy’s UniCredit does not plan to sell its Kazakhstan-based ATF Bank
This was announced by ATF Managing Director Alexander von Gleich today in Almaty at the 5th annual conference focused on Kazakhstan-related Fitch ratings.
Massimov launched Internet-voting
Kazakhstan Prime-Minister Karim Massimov launched an Internet voting that would determine the Internet platform where his online-conference is going to be held.
Capital punishment in Central Asia discussed in Astana
International conference on capital punishment in Central Asia held in Astana to discuss abolishment and transition challenges.
Russia’s Sberbank subsidiary enteres top ten in Kazakhstan
The bank’s assets in Kazakhstan are set to grow by 40% in 2011: Oleg Smirnov, Chairman of the Board.
$3.6 billion to maintain housing and utilities infrastructure in 2011-2020
$1.13 billion will go to modernize utility distribution systems, wheareas $2.45 billion will be injected into repairs of apartment blocks: Serik Nokin, Head of the Agency for Housing and Utilities Infrastructure.
Unarmed Kazakh shot dead by US police officer
A young cook from Kazakhstan identified by friends as Kirill Suchin was shot dead in Portsmouth, Virginia, for banging on the door. The officer is being investigated.
Islamic financial products to be accessible to individuals by late 2011
The only Islamic bank in Kazkahstan focused on corporate clients plans to launch retail programs: Prasad Abraham, chairman of the board of Al Hilal in Kazakhstan.
Ministry of Industry and Ministry of Foreign Affairs to jointly attract investors
Kazkahstan’s Ministry of Industry and New Technology and Ministry of Foreign Affairs should work on a joint plan to attract investments to Kazkahstan, Foreign Minister Erzhan Kazykhanov believes.
Kazkahstan’s Government debt as of the end of Q1 2011 made up $ 15.7 billion
Government debt is within safe limits: Bolat Zhamishev, Kazakhstan’s Minister of Finance.