HEADLINES:
Non-performing loans in Kazakhstan soar in H1
(SRI) - According to most recent data on Kazakhstan’s banking sector published last Thursday by the Financial Supervision Agency (FSA), the banks’ loan portfolios continued to deteriorate, while provisions have increased.
Real estate prices continue to fall
(SRI) - Real estate prices in Kazakhstan fell by 2.4 percent in July, the state statistics agency reported. This is a second consecutive monthly decline after prices seemingly bottomed out in April and May.
MINERAL RESOURCES:
Cooksey exits ENRC (ShareCast)
BUSINESS AND ECONOMY:
Too early to write off BTA Bank - Saidenov (SRI)
BTA Bank blames Respublika weekly for marring its business reputation, seeks $400,000 in damages (Interfax)
Kazakhstan’s grain crop in 2009 will overtop 2008 – first deputy PM (Interfax)
Foreign currency exchange rates by National Bank - August 15 - 17, 2009 (Kazakhstan Today)
Indicators - August 14, 2009 (Reuters)
POLITICS:
New Kazakh ambassador to Russia named (Interfax)
SOCIETY:
Kazakhstan has highest mortality rate in Central Asia - expert (Interfax)
REGIONAL:
Non-performing loans in Kazakhstan soar in H1 (SRI)
Real estate prices continue to fall (SRI)
Too early to write off BTA Bank - Saidenov (SRI)
BTA Bank blames Respublika weekly for marring its business reputation, seeks $400,000 in damages (Interfax)
Kazakhstan’s grain crop in 2009 will overtop 2008 – first deputy PM (Interfax)
Foreign currency exchange rates by National Bank - August 15 - 17, 2009 (Kazakhstan Today)
Indicators - August 14, 2009 (Reuters)
Kazakhstan has highest mortality rate in Central Asia - expert (Interfax)
(AFP) - Russia and its partners plan to join the WTO as a single customs union but may sign separate entry agreements, a top official said Wednesday, amid bafflement in the West at the Kremlin’s membership bid.
(more…)
(Reuters) - Russian Prime Minister Vladimir Putin pledged half a billion dollars to defend the breakaway region of Abkhazia on Wednesday during a surprise visit which Georgia said escalated tensions in the Caucasus.
(more…)
(SRI) - According to most recent data on Kazakhstan’s banking sector published last Thursday by the Financial Supervision Agency (FSA), the banks’ loan portfolios continued to deteriorate, while provisions have increased.
(SRI) - BTA Bank CEO Anvar Saidenov said on Friday it was too early to write off the bank, despite its current difficulties.