Kazakhstan to establish new credit guarantee fund for large businesses
Tengrinews.kz - Deputy Prime Minister and Minister of National Economy Serik Zhumangarin announced that Kazakhstan will create a new credit
Credit score: New service launched on eGov
Tengrinews.kz - Kazakhstanis can now track their credit and insurance history. A new service is now available on eGov.
Former Microsoft CEO Ballmer discloses Twitter stake
Former Microsoft chief executive Steve Ballmer disclosed that he has taken a four percent stake in Twitter, expressing confidence in the messaging platform's new management team.
Greece adopts more painful reforms demanded by creditors
Greece's parliament narrowly adopted further reforms demanded by the country's international creditors in return for further bailout funds.
Greece reaches deal with creditors: government source
Greece has reached a deal on a multi-billion bailout with its international creditors after marathon talks.
Loans in dollars are dangerous: head of Kazkom
Chairman of the Board of of Kazkommertsbank said that issuing and obtaining loans in dollars in Kazakhstan was dangerous.
Kazakhs bore into microcredits amid shortage of tenge in banks
Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.
Greece draws up reforms as emergency debt meeting looms
Greece's radical new government was fine-turning details of a controversial reform deal it hopes to seal with sceptical EU creditors at critical talks.
Kazakh banks experiencing tenge shortages
Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
Kazakh farmers face stringent loan terms, development of agribusiness inhibited
There are several financial constraints for achieving development of Kazakhstan's agriculture, experts say. Alleviating these is necessary to boost the industry and make Kazakhstan-made products competitive internationally.
Kazakh banks misusing National Fund money to be fined
Chairman of Damu Fund Lyazzat Ibragimova said that banks would face penalties in case they misuse the National Fund's resources.
Consumer loans in Kazakhstan reach 2.3 trillion Tenge
Consumer credit for an average wage worker in Kazakhstan does not exceed a four months' salary, Tengrinews reports citing Ranking.kz.
China and Russia to spend $400 million on Kazakhstan power plant
China and Russia will provide 400 million dollars for construction of Ekibastuz GRES-2 Power Plant in Kazakhstan.
Japan retains status as top creditor nation
Japan kept its position as the world's largest creditor nation for the 22nd straight year in 2012, government data showed Tuesday, as the dollar's gains helped inflate the value of overseas assets.
Venezuela moves to relieve toilet paper shortage
Venezuela's National Assembly on Tuesday approved a $79 million credit to import toilet paper and other personal hygiene products to relieve shortages in the petroleum-rich state.
S&P warns of little iron ore respite for miners
Global credit agency Standard & Poor's said Tuesday that it saw little improvement in iron ore prices in the near-term and warned that smaller single-commodity miners could see their ratings slip.
Moody's holds Spain rating pending eurozone moves
Moody's said Thursday that it would hold its review of Spain's credit rating until late September as it waits for more clarity on the European Stability Mechanism and moves for a eurozone banking union.
Visa, MasterCard to pay billions in card-fee suit
Credit card giants Visa and MasterCard agreed Friday to pay more than $6 billion to millions of merchants which had sued them for allegedly fixing card-use fees.
Astana gets Moody's Baa3 rating with stable outlook
Moody’s International rating agency assigned Astana a positive issuer rating of Baa3 with stable outlook.
Trial over Kazakhs accused on fraud to start in the U.S.
Trial over Kazakhstan citizens accused of credut card fraud will start in the U.S.
