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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: 732 | 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: 744 | 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: 786 | 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: 781 | News / Theme of day | Read full
Opec to enforce cuts before going deeper

The Opec oil cartel decided yesterday not to make a further round of supply cuts. But the group called on its members to comply fully with the 4.2m barrels a day they have already pledged to cut.

16 2009 | Viewed: 849 | News / Theme of day | Read full
RBS starts Asian asset sale

RBS, the stricken UK bank, started the divestment process for many of its Asian assets yesterday by handing potential buyers a official sale document.

16 2009 | Viewed: 737 | News / Theme of day | Read full
Kazakh retailer defaults on domestic bond

Kazakh food and beverages retailer Kazakh Distribution Company (KDC) KZDK.KZ will default on a coupon payment on its domestic bond due early next week, but has promised to pay the amount by March 31, the stock exchange said.

12 2009 | Viewed: 749 | News / Theme of day | Read full
First Vice President of Kazakhstan Development Bank appointed

Edigen Muhanov has been appointed First Vice President of JSC Company Development Bank of Kazakhstan, the agency reports citing the bank's press service.

12 2009 | Viewed: 816 | News / Theme of day | Read full
Kazakhstan to boost stimulus package to $25 bln

Kazakhstan will add $4 billion to its existing $21 billion economic stimulus package, the president of Central Asia's biggest economy said on Friday as he called for unity in the face of the global downturn.

6 2009 | Viewed: 972 | News / Theme of day | Read full
President Nursultan Nazarbayev Makes Government and Regional Top Officials Personnel Appointments

A new post of First Deputy Prime Minister was formed in the government. By the presidential decree Umirzak Shukeyev is appointed to this post.

4 2009 | Viewed: 879 | News / Theme of day | Read full
Vice chairman of National Bank appointed

The President of Kazakhstan, Nursultan Nazarbayev, appointed vice chairman of the National Bank of Kazakhstan, the agency reports citing the president's press service.

3 2009 | Viewed: 920 | News / Theme of day | Read full
By the presidential decree Abelgazi Kaliakparovich Kussainov was appointed Minister of Transport and Communications of the Republic of Kazakhstan

By the presidential decree Serik Nygmetuly Akhmetov was appointed Deputy Prime Minister of the Republic of Kazakhstan and relieved of his post as Minister of Transport and Communications of the Republic of Kazakhstan.

3 2009 | Viewed: 901 | News / Theme of day | Read full
Kazakhstan ratifies Kyoto protocol

Kazakhstan approved on Thursday its membership in the Kyoto protocol, a U.N.-led pact to fight global warming that would allow the vast Central Asian nation to sell emission permits.

27 2009 | Viewed: 758 | News / Theme of day | Read full
There will be no second wave of devaluation in Kazakhstan

There will be no second wave of devaluation in Kazakhstan, answered head of National bank of Kazakhstan Grigoriy Marchenko at the briefing for journalists, agency reports.

25 2009 | Viewed: 775 | News / Theme of day | Read full
The World Banks MANAGEMENT TEAM visits KAZAKHSTAN

Mr. Shigeo Katsu, Vice-President of the World Bank for Europe and Central Asia Region, and Mr. Motoo Konishi, the World Bank's newly appointed Regional Director for Central Asia are visiting Kazakhstan from February 23 to 24, 2009. The main purpose of the visit is to introduce Mr. Konishi as the new World Bank Director for five Countries of Central Asia (Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan) and to discuss with the key Kazakh counterparts the outcomes of the ongoing Bank projects and programs and areas for the World Bank's future support to Kazakhstan.

25 2009 | Viewed: 1 158 | News / Theme of day | Read full
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