Archive for July 27th, 2009
BTA Bank projects massive creditor losses
(SRI) - BTA Bank said on Friday its creditors could face losses of up to 97 percent, as the bank’s financial situation continues to deteriorate while it struggles to progress in its restructuring process.
Kazakhstan Daily News Roundup - July 27, 2009
HEADLINES:
BTA Bank projects massive creditor losses
(SRI) - BTA Bank said on Friday its creditors could face losses of up to 97 percent, as the bank’s financial situation continues to deteriorate while it struggles to progress in its restructuring process.
Sberbank deal not dead yet - BTA’s Saidenov
(SRI) - BTA Bank continues negotiating with Russia’s largest bank Sberbank about its potential takeover of the Kazakh lender.
Alliance Bank chairman sells Kyrgyz bank - media
(SRI) - Alliance Bank chairman Margulan Seisembayev sold 100 percent of FinansKreditBank, a Kyrgyz bank seeded by Alliance in 2005, last week for $6.9 million, Kyrgyz AKI Press reported.
ENERGY:
Former intelligence boss dismissed as Kazatomprom vice president - media
(SRI) - Former Kazakh intelligence chief Nartai Dutbayev has reportedly been dismissed as vice president of the state nuclear company Kazatomprom effective on August 7.
Fitch maintains Tristan Oil on Negative Watch (Fitch Ratings)
BUSINESS AND ECONOMY:
Major loans and creditors of Kazakh bank BTA (Reuters)
Kazakh BTA Bank says it may take years to recover its assets (Bloomberg)
Indicators - July 24, 2009 (Reuters)
POLITICS:
Andrew ‘was paid £3m more’ for Southyork ‘to lobby for Kazakh premier’ (Daily Mail)
SOCIETY:
Kazakh police try to stop flu girl reaching Almaty (Reuters)
Kazakh activists assail Internet law as step back for democratization (EurasiaNet)
Nine Kazakhs among 16 dead in Iranian plane crash (AFP)
REGIONAL:
Kyrgyz opposition cries fraud over vote (AP)
Turkmens to sue Azeris over Caspian gas fields (Moscow Times)
Belarus wants closer ties with Caspian states (EurasiaNet)
Central Asian unification should start from energy - Kyrgyz ambassador (New Europe)
Kazakhstan Politics Roundup - July 27, 2009
Andrew ‘was paid £3m more’ for Southyork ‘to lobby for Kazakh premier’ (Daily Mail)
Kazakhstan Business and Economy Roundup - July 27, 2009
BTA Bank projects massive creditor losses (SRI)
Sberbank deal not dead yet - BTA’s Saidenov (SRI)
Alliance Bank chairman sells Kyrgyz bank - media (SRI)
Major loans and creditors of Kazakh bank BTA (Reuters)
Kazakh BTA Bank says it may take years to recover its assets (Bloomberg)
Indicators - July 24, 2009 (Reuters)
Kazakhstan Energy Roundup - July 27, 2009
Former intelligence boss dismissed as Kazatomprom vice president - media (SRI)
Fitch maintains Tristan Oil on Negative Watch (Fitch Ratings)
Kazakhstan Society Roundup - July 27, 2009
Kazakh police try to stop flu girl reaching Almaty (Reuters)
Kazakh activists assail Internet law as step back for democratization (EurasiaNet)
Nine Kazakhs among 16 dead in Iranian plane crash
(AFP) - Nine Kazakhs were among 16 people killed when as Iranian airliner overshot the runway and hurtled into a perimeter wall, the official IRNA news agency quoted an aviation official as saying on Saturday.
(more…)
Kazakhstan Regional News Roundup - July 27, 2009
Kyrgyz opposition cries fraud over vote (AP)
Turkmens to sue Azeris over Caspian gas fields (Moscow Times)
Belarus wants closer ties with Caspian states (EurasiaNet)
Central Asian unification should start from energy - Kyrgyz ambassador (New Europe)
Kyrgyz opposition cries fraud over vote
(AP) - Kyrgyzstan’s opposition presented video recordings Saturday that it claims show widespread fraud in the recent presidential election and announced plans for anti-government demonstrations.
(more…)
Alliance Bank chairman sells Kyrgyz bank - media
(SRI) - Alliance Bank chairman Margulan Seisembayev sold 100 percent of FinansKreditBank, a Kyrgyz bank seeded by Alliance in 2005, last week for $6.9 million, Kyrgyz AKI Press reported.
