Central Bank Governor on Toxic Assets FundAccording to him, the money will only be provided to banks that have accumulated the most of NPLs. Kazkommertsbank and BTA to be shortly merged are among them as they jointly account for 62% of NPLs in the banking sector.
Denis Ten takes 4th place at Skate AmericaKazakhstani figure skater Denis Ten landed on the fourth place of the Skate America Grand Prix first stage in Chicago after falling on his opening quadruple jump.
Kazakhstan and Japan develop tiesA direct flight between Kazakhstan and Japan may be launched to facilitate the development of bilateral ties.
28 October 2014
Kazakh deputies outraged at risky investments of Single Pension FundKazakhstan MP of Ak Zhol faction voiced their serious concern over the investments the Single Pension Fund was practicing. In their opinion, these activities may lead to destabilization of the entire lending sector of Kazakhstan.