Shymkent Oil Refinery to receive additional $400 million for modernization
Additional money will be allocated to modernize the Shymkent Oil Refinery on southern Kazakhstan. This will help increase the production capacity of the refinery and make it more environmentally friendly.
Sberbank of Russia to finance $3.6 billion worth of transportation projects in Kazakhstan
Sberbank of Russia will provide $3.6 billion to finance projects of Kazakhstan's national railway company Kazakhstan Temir Zholy (KTZ).
Sberbank Kazakhstan and Development Bank of Kazakhstan to jointly finance projects
Besides, Sberbank Kazakhstan has signed an agreement with IFC, with the latter providing a loan to finance S&Mbs.
Samruk Kazyna Sovereign Wealth Fund Board Chairwoman comments on Russia’s Sberbank President German Gref’s concerns
Mr. Gref earlier expressed concerns that Kazakhstan is taking steps to restrict operations of foreign banks in Kazakhstan, including those of Sberbank.
Russia’s Sberbank President German Gref is concerned over Kazakhstan’s moves to restrict operations of foreign banks
Due to a Samruk-Kazyna’s decision the bank’s Kazakhstan subsiary may lose $800 million deposited by legal entities.
Kazakhstan branch of Sberbank issued $60 million loan to Max Petroleum
British Max Petroleum that has assets in Kazakhstan received the first tranche of a loan from SB Sberbank JSC in the amount of $60 mln.
Sberbank has no interest in buying stakes in Kazakhstan banks
Sberbank’s Kazakhstan subsidiary is quite large and we no longer need acquisitions: Sberbank's CEO.
Sberbank mulls to become one of key banks in Kazakhstan
We are planning to become one of the key banks in Kazakhstan in the nearest 5 years: Sberbank chairman.
Sberbank chairman asks Kazakhstan administration for preferences
We could have significantly increased our investments to Kazakhstan: German Gref.
Russia’s Sberbank, Kazakhstan National Railways Operator and Kazakhstan-based Sberbank’s subsidiary sign a $3 billion agreement
The signing ceremony was held in the Government’s House in Astana.
Russia’s Sberbank Chairman German Gref on oil price
Mr. Gref admitted 2012 “will be rather complicated given the indicators of the latest months”.
Russia’s Sberbank sees no possibility of purchasing BTA
First of all, the decision has to do with the vision and strategy of Sberbank’s operations in the Kazakh market: Bank’s Chairman German Gref.
Sberbank Head German Gref refuses to comment on probability of Russia’s Sberbank purchasing BTA
We do not comment on clients’ transactions and on our partners. This has nothing to do with the Bank’s transparency: German Gref.
Belarus least prepared for Common Economic Space: German Gref, Head of Russia’s Sberbank
According to him, “there are some political trends within the CIS that hamper economic integration (…) Unfortunately, disintegration is on the rise”.
Kazakhstan’s subsidiary of Russia’s Sberbank expects annual net profit of $27.3 million
The estimated figure has been raised from $20.5 forecast made in May.