Archive for September 15th, 2008
Kazakhstan News Roundup - September 15, 2008
ENERGY:
KazTransOil raised USD 275 million five-year loan (SRI)
MINERAL RESOURCES:
ENRC to be added to FTSEurofirst 300 (SRI)
BUSINESS AND ECONOMY:
BTA Bank’s assets up almost 10 percent in H1 2008
(SRI) - BTA Bank, Kazakhstan’s second largest bank, reported consolidated assets of USD 27.8 billion as of July 1, 2008, an increase of 9.5 percent from the beginning of the year.
Temirbank income, assets down in H1 2008
(SRI) - Temirbank, Kazakhstan’s seventh largest bank and subsidiary of BRA Bank announced that its assets have decreased by 3.9 percent in the first six months of 2008 to USD 2.1 billion.
Kazakh govt plans $1 bln bad loan buyout
(Reuters - Forbes) - The government of Kazakhstan plans to set up a distressed asset fund, which will buy out up to $1 billion in bad loans from banks.
All problem construction objects of Astana to be completed up to middle of 2009 - akim (Kazakhstan Today)
Rates of construction in Astana should not slow down - Masimov (Kazakhstan Today)
Kazakhstan, WB elaborated project on technologies commercialization: Z. Tuimebayev (Kazinform)
Kazakhstan hosts 2011 World Islamic Economic Forum (Interfax)
Indicators - September 12, 2008 (Reuters)
POLITICS:
Multiparty parliament possible without early elections – Adilet leader (Interfax)
Kazakhstan Business and Economy Roundup - September 15, 2008
BTA Bank’s assets up almost 10 percent in H1 2008
(SRI) - BTA Bank, Kazakhstan’s second largest bank, reported consolidated assets of USD 27.8 billion as of July 1, 2008, an increase of 9.5 percent from the beginning of the year.
Temirbank income, assets down in H1 2008
(SRI) - Temirbank, Kazakhstan’s seventh largest bank and subsidiary of BRA Bank announced that its assets have decreased by 3.9 percent in the first six months of 2008 to USD 2.1 billion.
Kazakh govt plans $1 bln bad loan buyout
(Reuters - Forbes) - The government of Kazakhstan plans to set up a distressed asset fund, which will buy out up to $1 billion in bad loans from banks.
All problem construction objects of Astana to be completed up to middle of 2009 - akim (Kazakhstan Today)
Rates of construction in Astana should not slow down - Masimov (Kazakhstan Today)
Kazakhstan, WB elaborated project on technologies commercialization: Z. Tuimebayev (Kazinform)
Kazakhstan hosts 2011 World Islamic Economic Forum (Interfax)
Indicators - September 12, 2008 (Reuters)
