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President Nazarbayev on NPLs As of December 1, 2013 NPLs stood at 31.4% of the overall banks’ portfolio, 19.7% up against the start of 2013.

14 February 2014

Kazakhstan’s President Nursultan Nazarbayev furious over People’s IPO delays I commission the Central Bank and the Government to come up with a clear vision of the country’s pension system and the national securities market before June 1, 2014: President Nazarbayev.

14 February 2014

Mining companies applaud tenge devaluation in Kazakhstan The Association of Mining and Metallurgical Enterprises is supportive of the tenge devaluation.

14 February 2014

Olympics: Kazakhstan speed-skater Denis Kuzin 7th in men's 1000m race Speed-skater Denis Kuzin of Kazakhstan has won the 7th place in the men's 1000-meter race at the Winter Olympics 2014 in Sochi, Russia.

13 February 2014

Nazarbayev expects serious oil from Kashagan Nursultan Nazarbayev, President of Kazakhstan, is expecting some ‘serious’ oil from flicking Kashagan oil field at the Caspian Sea in 2014.

13 February 2014

Devaluation may create demand for 20,000 tenge bills in Kazakhstan The climbing of dollar exchange rate might create a demand for the long awaited release of 20,000 tenge bills in Kazakhstan.

13 February 2014

Ablyazov cannot buy French justice: Advocate General Being an multi-billionaire Ablyazov can afford to buy anything he wanted, fund opposition political parties and create a committee of international human rights watchdogs to defend him, but he cannot buy the French Justice.

13 February 2014

Devaluation may drive airline tickets up in Kazakhstan Airlines are adjusting their ticket prices to the new exchange rate of the tenge.

13 February 2014

Dedollarization of Kazakh mentality: Governor of National Bank The National Bank and Government of Kazakhstan are going to press on to dedollarize the economy and discourage Kazakhstanis from relying on the US dollar.

13 February 2014

Kazakhstan’s Oil and Gas Minister on Kashagan and 20% currency devaluation Kashagan couldn’t have any influence on revenues that the Government had been planning to gain from crude sales in 2014: Uzakbai Karabalin.

13 February 2014

Devaluation in Kazakhstan: How black was Black Tuesday? Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.

13 February 2014

10% hike: Air Astana on prices for air tickets The 20% currency devaluation will have an impact on the company’s financial performance as 70% of sales are in the national currency, with 65% of expenses being in US Dollars: Erbol Ospanov.

13 February 2014

Olympics: Kazakhstan's freestyler Dmitry Reiherd 5th in mogul Kazakhstan's athlete Dmitry Reiherd has taken the 5th place in mogul skiing at the Sochi Olympics 2014 in Russia.

12 February 2014

Olympics: Yuliya Galysheva of Kazakhstan intends to quit sport after Sochi Olympics 21-y.o. freestyler Yuliya Galysheva of Kazakhstan has declared that she will finish her sport career after the Sochi Winter Olympics 2014.

12 February 2014

Olympics: Speed-skater Roman Krech 7th in men's 500m race Kazakhstan's speed-skater Roman Krech has become 7th after two men's 500 meters races at the Winter Olympic Games 2014 in Sochi, Russia.

12 February 2014

New Vice-Minister of Industry and New Technologies appointed in Kazakhstan Yerlan Sagadiyev has been appointed the new Vice-Minister of Industry and New Technologies of Kazakhstan.

12 February 2014

Kazakhstani sentenced to life imprisonment in US facing retrial Kazakhstan national Asel Abdygapparova convicted for life in prison in the US is awaiting retrial and possible reduction of jail sentence.

12 February 2014

Kazakhstan’s Central Bank Governor calls commoners to count their blessings I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.

12 February 2014

Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20% Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.

12 February 2014

Fugitive banker Ablyazov eyeing political asylum in France Fugitive ex-chairman of Kazakhstan-based BTA Bank Mukhtar Ablyazov intends to request a political asylum in France.

12 February 2014

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