business and economy
Business and Economy Roundup - April 30, 2008
EBRD to invest in Kazakh private equity fund
(Reuters) - The European Bank for Reconstruction and Development (EBRD) plans to invest up to $94 million into a Kazakh state-controlled private equity fund, the bank said…
Kazakhstan sets up funds to push innovation
(Reuters) - Kazakhstan will team up with the European Bank for Reconstruction and Development (EBRD) and other big investors this year to set up several funds to promote innovative projects, officials said on Tuesday…
Kazakhstan outlook cut to negative; ratings of 12 banks affirmed - S&P
(Thomson Financial/Forbes) - Standard & Poor’s Ratings Services said it lowered its outlook on the long-term sovereign credit ratings on the Republic of Kazakhstan to negative from stable…
S&P revises Kazakh outlook on bank, funding woes (Reuters/Guardian)
Kazakh bank Nurbank repays $150 million Eurobond
(Reuters/Yahoo! News) - Mid-size Kazakh bank Nurbank has repaid a $150 million Eurobond, or more than half of all outstanding foreign debt it is scheduled to repay this year, it said on Tuesday…
Kazakhstan outlook revised to negative
(CPI Financial) - The global credit squeeze is more severe, and likely to prove more prolonged, than anticipated in October 2007 when Kazakhstan’s long-term foreign currency rating was lowered to BBB- from BBB…
S&P revised outlook on various Kazakh GREs
(Interfax) - Standard & Poor’s Ratings Services has revised its outlook on several sovereign and corporate government-related entities (GREs) of Kazakhstan and their subsidiaries…
Although asset quality continues to deteriorate, the problems are manageable (Interfax)
Kazakhstan Kagazy announces new board appointments (Business Newswire/Yahoo! Finance)
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