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Fitch: TCO Expansion Lowers Future Dividend Stream to NC KMG
Fitch Ratings-Moscow/London-07 July 2016: Fitch Ratings says that the Tengizchevroil (TCO) expansion announced by Chevron Corp. on 5 July 2016 will result in a lower dividend stream to the Kazakh state-owned National Company KazMunayGas (NC KMG, BBB-/Stable), which owns a 20% stake in TCO, over the medium term. We have already incorporated this scenario in our rating case for NC KMG.
8 èþëÿ 2016 | Viewed: 254 | Press Releases | Read full
Fitch Publishes Kazakh Banks Datawatch 1Q16

Link to Fitch Ratings' Report: Kazakh Banks Datawatch 1Q16

Fitch Ratings-Moscow-19 May 2016: Fitch Ratings has published "Kazakh Banks Datawatch 1Q16", consisting of key data from banks' regulatory financial statements and disclosures sourced primarily from the National Bank of Kazakhstan (NBK) and Kazakhstan Stock Exchange. The 1Q16 report consists of data in pdf and Excel formats, charts and Fitch commentary, and covers 27 of the sector's 35 banks, comprising 99% of the system assets.
20 ìàÿ 2016 | Viewed: 318 | Press Releases | Read full
Fitch Downgrades Kazakh Policy Institutions on Sovereign Rating Action
Fitch Ratings has downgraded Development Bank of Kazakhstan's (DBK) Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to 'BBB-' from 'BBB' and 'BBB+', respectively, and House Construction and Savings Bank of Kazakhstan's (HSCBK) Long-Term Local Currency IDR to 'BBB-' from 'BBB+'. The agency has also downgraded the Long-Term IDRs of KazAgroFinance (KAF) to 'BB+' from 'BBB-'. The Outlooks are Stable. A full list of rating actions is available at the end of this commentary.
16 ìàÿ 2016 | Viewed: 295 | Press Releases | Read full
EITI at heart of UK Anti-Corruption Summit, 12 May
EITI at heart of UK Anti-Corruption Summit, 12 May
Fifty-one EITI countries have committed to ground breaking beneficial ownership reporting.

Oslo / London, 11 May 2016.

"EITI members are showing leadership on beneficial ownership disclosure" says EITI Chair Fredrik Reinfeldt on the eve of the anti-corruption Summit in London.
12 ìàÿ 2016 | Viewed: 257 | Press Releases | Read full
Fitch: Kazakhstan Utilities Face Growing Negative Dynamics
Link to Fitch Ratings' Report: Kazakhstan Utilities 2016 Outlook: Increasing Negativity
28 àïðåëÿ 2016 | Viewed: 294 | Press Releases | Read full
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 ìàðòà 2016 | Viewed: 293 | 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 ìàðòà 2016 | Viewed: 411 | 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 ôåâðàëÿ 2016 | Viewed: 359 | 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 äåêàáðÿ 2015 | Viewed: 313 | 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 íîÿáðÿ 2015 | Viewed: 322 | 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 íîÿáðÿ 2015 | Viewed: 348 | 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 íîÿáðÿ 2015 | Viewed: 293 | Press Releases | Read full
KIMEP University’s Leadership Development Program Presented Effective Leadership during Crisis
On October 29th, 2015 at 4:00 PM KIMEP University’s 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 îêòÿáðÿ 2015 | Viewed: 340 | 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 îêòÿáðÿ 2015 | Viewed: 301 | 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 îêòÿáðÿ 2015 | Viewed: 314 | Press Releases | Read full
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