Archive for August 26th, 2009
ANALYSIS: Alliance Bank: Clear as mud
(SRI) - Former CEO of Alliance Bank and Eurasian Bank Zhomart Yertayev and his deputy Aleksei Ageyev have been arrested last weekend in connection with several deals sealed during their tenure at Alliance, the KazTAG news agency reported on Monday.
BTA to shift focus on domestic market - presentation
(SRI) - In a presentation to investors, BTA Bank said it plans to turn its focus on Kazakh market and dispose of all “non-core” assets like its retail subsidiary Temirbank. In Kazakhstan, it expects to trim staff and cut branches.
Kazakhstan Daily News Roundup - August 26, 2009
HEADLINES:
BTA court hearing held today in Almaty
(SRI) - Today, August 26, the Almalinsky district court in Almaty will hold a hearing of 12 former employees of BTA Bank, charged with embezzling funds from the bank, Kazakh media reported.
Kazakhstan to issue $100 million domestic bonds
(SRI) - Kazakhstan plans to sell about KZT15 billion ($100 million) in government bonds to domestic consumers, reportedly to offer an alternative to placing deposits in banks.
Alliance Bank: Clear as mud (SRI)
ENERGY:
Chinese firm to gain access to Kazakh energy reserves (EurasiaNet)
MINERAL RESOURCES:
Kazakhstan issues seven-month steel production data (Steel Guru)
BUSINESS AND ECONOMY:
BTA appoints new deputy chairman (SRI)
Kazakhstan to harvest 17.3 milliol tons of crops in 2009 – Food Corporation (Interfax)
273 criminal actions taken to fight economic crime in 2009 - KNB (Interfax)
Foreign currency exchange rates fixed by National Bank - August 26, 2009 (Kazakhstan Today)
SOCIETY:
KNB concludes Dzhakishev investigation (SRI)
Kazakhstan: On the efficacy of government (Global Voices Online)
Newspaper Respublika may close if court rules in favor of BTA Bank’s claim – editorial staff (Interfax)
Kazakhstan Society Roundup - August 26, 2009
KNB concludes Dzhakishev investigation (SRI)
Kazakhstan: On the efficacy of government (Global Voices Online)
Newspaper Respublika may close if court rules in favor of BTA Bank’s claim – editorial staff (Interfax)
Kazakhstan Energy Roundup - August 26, 2009
Chinese firm to gain access to Kazakh energy reserves (EurasiaNet)
Kazakhstan Mineral Resources Roundup - August 26, 2009
Kazakhstan issues seven-month steel production data (Steel Guru)
Kazakhstan Business and Economy Roundup - August 26, 2009
BTA court hearing held today in Almaty (SRI)
Kazakhstan to issue $100 million domestic bonds (SRI)
BTA appoints new deputy chairman (SRI)
Kazakhstan to harvest 17.3 milliol tons of crops in 2009 – Food Corporation (Interfax)
273 criminal actions taken to fight economic crime in 2009 - KNB (Interfax)
Foreign currency exchange rates fixed by National Bank - August 26, 2009 (Kazakhstan Today)
BTA appoints new deputy chairman
(SRI) - Sergey Eltsov, former head of the Investment Fund of Kazakhstan, has been named deputy chairman of BTA Bank, according to a press release issued by the Kazakhstan Stock Exchange (KASE).
Kazakhstan to issue $100 million domestic bonds
(SRI) - Kazakhstan plans to sell about KZT15 billion ($100 million) in government bonds to domestic consumers, reportedly to offer an alternative to placing deposits in banks, Kazakhstan Today reported citing Finance Minister Bolat Zhamishev.
KNB concludes Dzhakishev investigation
(SRI) - The National Security Committee (KNB), Kazakhstan’s intelligence service, concluded its criminal investigation of Mukhtar Dzhakishev, the former head of the state nuclear company Kazatomprom, and his associates, the IA Novosti news agency reported on Tuesday.
