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IMF Executive Board Concludes 2009 Article IV Consultation with the Republic of Kazakhstan |
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On July 8, 2009, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Kazakhstan.
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Kazakh bank BTA sees 66-97 pct debt haircuts |
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ALMATY, July 24 (Reuters) - Kazakhstan's largest bank BTA BTAS.KZ estimates the haircuts it will offer to creditors at 66 to 97 percent, excluding trade finance, the bank said on Friday.
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Kazakh bank BTA halts debt interest payments |
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ALMATY, July 24 (Reuters) - Kazakhstan's largest bank BTA BTAS.KZ has halted interest payments on its debt, the bank, which stopped principal repayments in April, said on Friday.
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Kazakh KazMunaiGas H1 profit falls 86 pct |
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ALMATY, July 22 (Reuters) - Kazakh state oil and gas company KazMunaiGas [KMG.UL] said on Wednesday its consolidated net income fell to 39.2 billion tenge ($260 million) in the first half from 271.5 billion tenge in the same period of 2008.
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UPDATE 1-Citi cuts lending limits to top Kazakh banks |
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ALMATY, July 20 (Reuters) - Citigroup (C.N) has cut lending lines to top Kazakh banks and will quit local interbank deposit indicator KazPrime, whose manager said more members could leave soon as credit limits tighten.
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RPT-Kazakh Zhaikmunai places GDRs at $4 apiece-source |
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MOSCOW, July 20 (Reuters) Kazakh oil company Zhaikmunai (ZKMq.L) sold $300 million worth of new Global Depositary Receipts for $4 apiece, a source close to the placement said on Monday.
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Kazakhstan central bank grapples with CDS headache |
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Astana, the capital of Kazakhstan, lies thousands of miles from London's trading rooms - let alone the political lobbyists in Washington. This summer, however, Grigori Marchenko, the Kazakh central bank governor, has reason to follow the US and UK debate about the future of credit derivatives with particular interest.
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SK Telecom considering bid for Kazakhtelecom unit |
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SEOUL, July 14 (Reuters) - SK Telecom Co (017670.KS), South Korea's top mobile operator, said on Tuesday it was considering bidding for a 51 percent stake in Kazakhtelecom's KZTK.KZ wireless unit Mobile Telecom Service.
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Medvedev departs from party line on joining WTO |
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Russian president Dmitry Medvedev yesterday announced Moscow could still join the World Trade Organisation on its own, in his biggest policy clash in public with Vladimir Putin.
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Kazakhstan completes China gas link segment |
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BAISERKE, Kazakhstan, July 10 (Reuters) - China moved a step closer to securing a new source of gas supply on Friday when Kazakhstan finished building its segment of a pan-Central Asian gas pipeline designed to address China's growing energy needs.
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Kazakhstan wants to cut Kashagan cost by 30 pct |
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BAISERKE, Kazakhstan, July 10 (Reuters) - Kazakhstan wants to reduce the cost of developing its giant Kashagan oilfield by 30 percent, the chief executive of Kazakh state oil company KazMunaiGas [KMG.UL] said on Friday.
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UPDATE 1-Kazakh Alliance Bank agrees debt restructuring |
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ALMATY, July 8 (Reuters) - Kazakhstan's fourth-largest bank Alliance (ALLBq.L) said on Wednesday it had reached an agreement with creditors on restructuring its $4 billion debt, putting an end to months of uncertainty over its future.
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Former Kazakh Alliance CEO suspended from new job |
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ALMATY, July 7 (Reuters) - Kazakhstan's banking watchdog has suspended the former chief executive of Alliance bank (ALLBq.L) from his current job as head of Eurasian bank EUBN.KZ, another local lender, Eurasian bank said on Tuesday.
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Metallurgical plant will be established in Kazakhstan |
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The second in the world metallurgical plant based on the new steel-making process ITmk3 will be established in Kazakhstan. This project was supported by the President of the republic of Kazakhstan N.A.Nazarbayev at his meeting with the founders of the international Association of the Third Generation of Iron and Steel Technologies 3GIST.
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The video-bridge for journalists in Almaty |
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On July 1st, in Almaty, the Embassy of the USA in Kazakhstan has held the video-bridge for representatives of mass-media with Noam Scheiber, the senior editor of «The New Republic» magazine, where he covers economic and political themes.
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