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.
Kazakhstan Central Bank Governor on consumer loan rates and NPLs
Kazakhstan Central Bank is negotiating with second-tier banks to reduce the NPLs figure down to 15% by January 1, 2015 from the current 35.8%.
Japan PM to visit Africa, Mideast with cash pledge: reports
Japanese Prime Minister Shinzo Abe will visit Africa and the Middle East this week, reports said Monday, bearing development cash pledges as Tokyo pushes back against growing Chinese influence in the resource-rich region.
KazAgro borrows $100 million from Royal Bank of Scotland
KazAgro National Company has borrowed $100 million from the Royal Bank of Scotland.
Japan to pledge $20 bn aid to ASEAN: reports
Japan will pledge $20 billion in aid to Southeast Asian countries at a 11-nation summit this weekend as it looks to shore-up ties in a region increasingly dominated by China, reports said Friday.
Kazakhstan considers Personal Bankruptcy law
Kazakhstan is considering adopting a personal bankruptcy law.
Chinese bank lends Niger $1 billion: minister
Niger has accepted a controversial $1 billion loan from the Export-Import Bank of China (China Exim Bank) to finance development projects.
Japan bank to punish executives over loans to gangsters: reports
Japan's Mizuho Bank will punish more than 30 executives over revelations that the lender made loans to underworld figures, reports said Friday, in the latest chapter of a headline-grabbing scandal.
Unbridled consumer loans are a new bomb to undermine the Kazakhstan’s financial sector: President Nazarbayev
President has commissioned Kairat Kelimbetov, the newly appointed Central Bank Governor, to look into the situation.
Asian Development Bank to lend Kazakhstan $125 million for Shymkent-Tashkent road repairs
Kazakhstan eyes ratifying a loan agreement with the Asian Development Bank to fund repairs of Shymkent-Tashkent section of the Western Europe-Western China international transit corridor.
Government mulling state subsidies to boost sales of locally produced cars
With the APR standing at about 15%, 7% will be subsidized.
BTA bank leads in Kazakhstan with 81% of bad loans
Kursiv.kz has made a rating of the second-tier banks of Kazakhstan with the highest share of troubled loans.
Greek deputies approve reform bill tied to EU-IMF loans
Greece's parliament early on Thursday narrowly approved a sweeping bill of reforms tied to the country's next tranche of EU-IMF loans.
Anxiety over student loans as US lawmakers play politics
Recent Northeastern University graduate Greg Dube hopes to launch a bright engineering career soon, but like many young Americans, he is haunted by a looming financial burden: some $150,000 in student loan debt.
Kazakhstan to borrow $1 billion
Kazakhstan plans to borrow around $1 billion at foreign markets in 2013.
IMF, Egypt hope to reach loan agreement in 'weeks'
The International Monetary Fund and Egypt hope to conclude talks for a loan deal "in the coming weeks".
Almaty citizens owe $10 billion to banks
63 percent of all the loans in Kazakhstan are concentrated in Almaty; overdue loans exceed $10 billion.
KazAgro to cease issuing loans
Being a quasi-state-run institute KazAgro is competing with private lenders, probably obstructing them: Kazakhstan Vice-Minister.
Nazarbayev signs $95 million loan from Asian Development Bank
Asian Development Bank is loaning Kazakhstan $95 million for reconstruction of a road section and construction of a new section of Western Europe-Western China transport corridor.
EBRD loans to Almaty for 200 new buses
Almaty administration and the EBRD (European Bank for Reconstruction and Development) signed a loan agreement worth $39.3 million for procurement of 200 new buses running on gas.
