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PRESS - RELEASE #6 On the base rate
The National Bank of Kazakhstan has decided to keep the base rate unchanged at 17% with a symmetric interest rate corridor of +/- 2 percentage points.
15 2016 | Viewed: 183 | Press Releases | Read full
Fitch: Key Asset Sales and Devalued Tenge Put Pressure on Kazakh National Holdings Link to Fitch Ratings' Report: Kazakh National Holdings: Sale of Key Assets and Devalued Tenge Put Long-Term Pressure on Ratings
Fitch Ratings-Moscow-29 February 2016: Fitch Ratings says in a new report that the ratings of Kazakh National Holding companies are under long-term pressure from planned sale of key assets and a devalued tenge. 
1 2016 | Viewed: 262 | Press Releases | Read full
President Humala to speak about governance of natural resources at EITI Global Conference in Lima 24 February
LIMA -The President of Peru Ollanta Humala will open the 7th EITI Global Conference on Wednesday 24 February. Peru was the first country in Latin America to commit to improving oil and mining transparency through implementing the EITI. It is now the first Latin American country to host the EITI Global Conference.
22 2016 | Viewed: 263 | Press Releases | Read full
Fitch: CIS Banking Sectors to Remain Under Pressure
Link to Fitch Ratings' Report: 2016 Outlook: CIS and Georgian Banks
Fitch Ratings-Moscow/London-09 December 2015: The 2016 outlooks for banking sectors in Russia and most other countries of the Commonwealth of Independent States (CIS) are negative, Fitch Ratings says. This reflects the agency's view that lenders' financial metrics are likely to weaken further, as slower economies, weaker currencies and higher interest rates continue to hit asset quality, profitability and capital.
10 2015 | Viewed: 191 | Press Releases | Read full
Fitch Upgrades Kazakhstan Mortgage Company to 'BBB'; Outlook Stable
Fitch Ratings-Moscow/Milan/London-23 November 2015: Fitch Ratings has upgraded Kazakhstan Mortgage Company's (KMC) Long-term foreign currency Issuer Default Rating (IDR) to 'BBB' from 'BBB-' and Long-term local currency IDR to 'BBB+' from 'BBB'. The Short-term foreign currency IDR has been affirmed at 'F3'. The Outlooks on the Long-term ratings are Stable.
24 2015 | Viewed: 206 | Press Releases | Read full
Fitch Affirms Kazakhtelecom at 'BB'; Outlook Positive
Fitch Ratings-Moscow-09 November 2015: Fitch Ratings has affirmed Kazakhtelecom JSC's (Kaztel) Long-term Issuer Default Rating (IDR) at 'BB' with a Positive Outlook. 
10 2015 | Viewed: 233 | Press Releases | Read full
Fitch Affirms Kazakhstan at 'BBB+'; Outlook Stable
Fitch Ratings-London-30 October 2015: Fitch Ratings has affirmed Kazakhstan's Long-term foreign and local currency Issuer Default Ratings (IDR) at 'BBB+' and 'A-', respectively. The Outlooks are Stable. The issue rating on Kazakhstan's senior unsecured foreign currency bonds has also been affirmed at 'BBB+'. The Country Ceiling has been affirmed at 'A-' and the Short-term foreign currency IDR at 'F2'. 
2 2015 | Viewed: 185 | Press Releases | Read full
KIMEP Universitys Leadership Development Program Presented Effective Leadership during Crisis
On October 29th, 2015 at 4:00 PM KIMEP Universitys Leadership Development Program welcomed Dr. Sohn Hak-Kyu, who shared his experiences leading in the highest echelons of government and the most critical aspects of being a leader.
30 2015 | Viewed: 226 | Press Releases | Read full
Fitch Assigns Kazakhstan's Tsesnabank 'B+' Long-term IDR; Outlook Stable
Fitch Ratings-Moscow/London-27 October 2015: Fitch Ratings has assigned Kazakhstan-based Tsesnabank Long-term foreign and local currency Issuer Default Ratings (IDRs) of 'B+' with Stable Outlooks. A full list of rating actions is at the end of this commentary.
28 2015 | Viewed: 191 | Press Releases | Read full
Fitch Affirms Kazakhtelecom at 'BB'; Outlook Positive
Fitch Ratings-Moscow/London-14 October 2015: Fitch Ratings has affirmed Kazakhtelecom JSC's (Kaztel) Long-term Issuer Default Rating (IDR) at 'BB' with a Positive Outlook. A full list of rating actions is available at the end of this commentary.
16 2015 | Viewed: 198 | Press Releases | Read full
EITI Chair Clare Short met with President Ilham Aliyev during her visit to Baku
The purpose of the meeting was to discuss Azerbaijans EITI implementation. Clare Short also met with Azerbaijans EITI multi-stakeholder group and members of the Coalition of Public Unions for improving transparency in the extractive industries in Azerbaijan.
13 2015 | Viewed: 191 | Press Releases | Read full
Fitch Affirms Kazakhstan's Sovereign Wealth Fund Samruk-Kazyna at 'BBB+'; Outlook Stable
Fitch Ratings-Moscow/Milan/London-08 October 2015: Fitch Ratings has affirmed Kazakhstan-based JSC Sovereign Wealth Fund Samruk-Kazyna's (SK) Long-term foreign currency Issuer Default Rating (IDR) at 'BBB+', Long-term local currency IDR at 'A-', National Long-term rating at 'AAA(kaz)' and Short-term foreign currency IDR at 'F2'. The Outlooks on the Long-term ratings are Stable.
9 2015 | Viewed: 238 | Press Releases | Read full
Fitch Affirms KazTransOil at 'BBB'; Outlook Stable
Fitch Ratings-Moscow/London-08 September 2015: Fitch Ratings has affirmed Kazakhstan-based JSC KazTransOil's (KTO) Long-term foreign currency Issuer Default Rating (IDR) at 'BBB' with a Stable Outlook. Fitch has simultaneously upgraded KTO's Long-term local currency IDR to 'BBB+' from 'BBB' with a Stable Outlook. KTO's National Long-term rating and National senior unsecured rating have also been upgraded to 'AAA(kaz)' from 'AA+(kaz)' to reflect the upgrade of KTO's Long-term local currency IDR. The Outlook on the National Long-term rating is Stable. A full list of rating actions is below.
9 2015 | Viewed: 216 | Press Releases | Read full
DIFC Courts to advise planned Astana International Financial Centre
Consultancy agreement will see DIFC Courts partner with National Bank of Kazakhstan to help create world class commercial court and arbitration center. 
4 2015 | Viewed: 231 | Press Releases | Read full
Fitch Publishes Kazakh Banks Datawatch 2Q15
Fitch Ratings-Moscow-26 August 2015: Fitch Ratings has published the 'Kazakh Banks Datawatch 2Q15', consisting of key data from banks' regulatory financial statements and disclosure sourced primarily from the National Bank of Kazakhstan (NBK) and Kazakhstan Stock Exchange (KSE). The 2Q15 report consists of data in PDF and XLSX formats, charts and Fitch commentary, and covers 27 of the sector's 35 banks comprising 99% of the system assets.
27 2015 | Viewed: 239 | Press Releases | Read full
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