News about finance

Kazakhstan banks complained of unequal competition to Nazarbayev Some of the foreign banks are controlled by their countries and enjoy support of their parent banks with ratings higher than those of Kazakhstan banks: expert.

22 June 2012 17:53

Kazakhstan Financial Police discovered 40 back-street alcohol producing companies in 2 years A Saudi Arabian native, director of Sidar Enterprise, has been sentenced to a fine. He leased rooms at Kyz-Zhibek night club in East Kazakhstan Oblast and set up illegal storage and sales of alcohol products.

20 June 2012 17:38

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.

12 June 2012 13:20

One share to cost up to $68 at People's IPO Deputy chairman of Samruk-Kazyna National Welfare Fund announced the tentative cost of shares during the People's IPO.

12 June 2012 10:04

Kazakhstan Tenge will not be devalued: expert An expert of Kazakhstan Ministry of Economic Development Madiyar Kenzhebulat said that 166 tenge per 1 dollar would be “the worst scenario” for Kazakhstan currency.

11 June 2012 17:16

Kazakhstan ranked 88th in debtors rating Around $7,422 of the state debt falls on each Kazakhstan citizen.

30 May 2012 18:31

Kazakhstan President told about sweet loans and crisis immunity Nursultan Nazarbayev mentioned that he does not feel the new wave of the global financial crisis coming.

24 May 2012 10:57

Agricultural equipment works on a prayer in Kazakhstan: Minister Kazakhstan Minister of Agriculture told the senators about the mess in the industry and complained about insufficient funding.

22 May 2012 17:47

Finance Minister named Kazakhstan's debtors Kazakhstan considers Georgia, Belarus and Turkmenistan its debtors.

21 May 2012 11:04

Zhauzhurek Myn Bala (1000 Brave Boys) earned almost $2 million during 2 week-ends Kazakhstan historical action movie Zhauzhurek Myn Bala by Akan Satayev grossed almost $2 million in two week-ends.

18 May 2012 18:47

Kazakh Olympic champions will get twice as much as Russian ones Kazakhstan 2012 Olympic champions will be rewarded with twice as much money as their Russian colleagues.

28 April 2012 14:57

UEFA allocated large funds for Kazakhstan Kazakhstan Football Federation got 200 thousand Swiss francs ($218 000) from UEFA for development of football refereeing in Kazakhstan.

20 April 2012 17:18

Kazakhstan athletes to get $250 000 for London Olympics gold Kazakhstan athletes will get $250 000 for London Olympics gold medals.

20 April 2012 14:33

Kazakhstan intends to become one of Top-Thirty winning countries in 2012 London Olympic Games Kazakhstan is planning to be among the Top-Thirty of winning countries in the 2012 London Olympic Games.

19 April 2012 13:02

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 17:08

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 17:04

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 10:31

Imported goods will be cheaper when Kazakhstan enters WTO Kazakhstan's entry into the World Trade Organization will result in imported goods prices cut.

06 April 2012 10:19

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 16:32