Fitch Ratings affirms Kazakhstan's Long-term foreign and local currency IDRs at 'BBB+' and 'A-' respectively
The Outlooks on the Long-term IDRs are Stable.
Fitch Ratings on oil production at Kashagan
The onset of production is one reason we expect Kazakhstan's economic growth rate to recover after a slight slowdown in 2012: Fitch Ratings.
Sales of Government’s stakes in bailed out banks is not a solution to toxic assets: Fitch Ratings
According to Charles Seville of Fitch Ratings, the real growth of lending in Kazakhstan “only stands at 5%, which is lower than in Russia, Mexico, Turkey and Azerbaijan.
Fitch upgraded ratings of Kazakhstan national companies
Fitch Ratings has upgraded ratings of Kazakhstan national companies Temir Zholy (railroad operator) and KEGOC (electricity grid operator).
Fitch Ratings upgrades KazMunaiGas rating to BBB
Fitch has upgraded the long-term rating of Kazakhstan national oil and gas company KazMunaiGas.
Fitch Ratings upgrades Kazakhstan's Long-term foreign currency Issuer Default Rating
The upgrade is assigned to further strengthening of the trade balance, relatively low public debt, strong growth prospects, and steps taken to revitalize the country’s banking system.
Fitch Ratings expects Kazakhstan’s economy growth at 5% or over in 2012
Fitch Ratings expects the National Oil Fund assets to reach $65 billion by 2013 from $45 billion as of the end of 2011.
Kazakhstan's international ratings improved in 2011
Kazakhstan gained 11 lines in Doing Business rating of the World Bank and is ranked 47th.
