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Kazakh banks Alliance confirms default on debt

MOSCOW, May 15 (Reuters) - Kazakhstan's No.4 bank Alliance (ALLBq.L) said on Friday it had defaulted on more than $10 million in debt and named the banks with which it will negotiate the terms of debt restructuring.

16 2009 | Viewed: 800 | News / Theme of day | Read full
UPDATE 2-Kazakhstan cuts key interest rate to 9.0 pct

ALMATY, May 12 (Reuters) - Kazakhstan's central bank cut its key refinancing rate by 50 basis points on Tuesday as Central Asia's biggest economy sought to curb the impact of the global economic slowdown.

13 2009 | Viewed: 791 | News / Theme of day | Read full
Kazakhstan expects more deals with Chinese firms

BOAO, China, April 17 (Reuters) - Kazakhstan is working with China to ink more deals in both energy and non-energy sectors following this week's $10 billion oil-for-loan deal, a senior Kazakh official said on Friday.

21 2009 | Viewed: 746 | News / Theme of day | Read full
President Nursultan Nazarbayev Takes Part in the Opening of the Plenary Session of the Boao Forum for Asia Annual Meeting 2009

The idea of establishment of the Asian Forum was initiated in 1998 and the official opening ceremony of the Boao Forum for Asia took place in 2001. It is a non-governmental forum focused on Asian countries that allow to see the world through Asian prospects and to boost economic ties both in Asia and far beyond.

21 2009 | Viewed: 904 | News / Theme of day | Read full
GSM Kazakhstan/Kcell officially launched its refreshed look and feel as part of celebrating its 10th anniversary

GSM Kazakhstan/Kcell, the leading mobile operator in Kazakhstan, today launched the refreshed look & feel for its corporate brand Kcell. The brand refreshment is dedicated to a significant milestone in the company's history - its 10th year anniversary - and comes as part of the company's strategy to further strengthen its leadership on Kazakhstan's mobile telecommunication services market.

16 2009 | Viewed: 1 163 | News / Theme of day | Read full
Request for Standstill

Further to the announcement made by JSC Alliance Bank (the "Bank") on 1 April 2009 relating to the overstatement of its assets, the Bank wishes to advise that the overstatement relates to transactions entered into by the Bank between 2005 and 2008 that were not properly recorded on the Bank's balance sheet.

14 2009 | Viewed: 741 | News / Theme of day | Read full
President Nursultan Nazarbayev met with TeliaSonera President and CEO Lars Nyberg

Kazakhstan’s President Nursultan Nazarbayev met with TeliaSonera President and CEO Lars Nyberg in Astana, following the meeting they had in Helsinki, Finland, during the President’s state visit to Finland two weeks ago.

8 2009 | Viewed: 738 | News / Theme of day | Read full
CORRECTED - Abu Dhabi's Hilal Bank to set up Kazakh unit

Abu Dhabi's government-owned Al Hilal Bank will set up an Islamic bank in Kazakhstan to tap into the central Asian state's majority Muslim population, it said on Tuesday.

2 2009 | Viewed: 762 | News / Theme of day | Read full
About official refinancing rate

PRESS RELEASE 9 27th of March 2009


Source: NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

30 2009 | Viewed: 719 | News / Theme of day | Read full
1ST INTER-UNIVERSITY STUDENT FESTIVAL

"ADVERTISING AND PRin ALMATY"

During these two days there will be master classes, presentations and fun activities andalso a Job Fair on the 2nd floor.

This festival is organized in cooperation with Beeline, Samsung Electronics, InterPress International House, Komsomolskaya Pravda Kazakhstan newspaper, HeadHunter.com.kz and Renessance PR Agency.

29 2009 | Viewed: 714 | News / Theme of day | Read full
Kazakh Kazkommertsbank offers $950 mln bond buyback

Kazakhstan's second largest bank Kazkommertsbank (KKGByq.L) said on Tuesday it would seek to buy back up to $950 million in asset-backed bonds which have gone into accelerated repayment mode after a ratings cut.

24 2009 | Viewed: 710 | News / Theme of day | Read full
Kazakh bank BTA says doesn't know where ex-CEO is

Kazakhstan's largest bank BTA BTAS.KZ said on Friday it could not confirm media reports that its former chief executive Roman Solodchenko had criticised the government for nationalising BTA and fled Kazakhstan.

20 2009 | Viewed: 672 | News / Theme of day | Read full
Alfa reduces Turkcell stake

Russia's Alfa Group said yesterday it had reduced its shareholding in Turkcell, the Turkish mobile operator, to less than 5 per centin compliance with a US court ruling in its dispute with Telenor, the Norwegian telecoms group.

19 2009 | Viewed: 677 | News / Theme of day | Read full
Kazakh bank BTA raises borrowing plan to $4.3 bln

Kazakhstan's biggest bank BTA BTAS.KZ has registered a 345 billion tenge ($2.3 billion) domestic bond programme in addition to the earlier announced $2 billion bonds, the Kazakh Stock Exchange said on Wednesday.

18 2009 | Viewed: 711 | News / Theme of day | Read full
Kazakh bank BTA says may restructure foreign debt

Kazakhstan's biggest bank BTA BTAS.KZ, effectively nationalised last month, said on Tuesday it may restructure some of its $12 billion foreign debt.

17 2009 | Viewed: 708 | News / Theme of day | Read full
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