Archive for February 3rd, 2010

Kazakhstan Daily News Roundup - February 3, 2010

HEADLINES:

Kazakh banks’ bad loans to peak in 2010 - S&P
(Reuters) - Bad loans held by Kazakh banks are set to peak this year and investors are already showing interest in fresh Kazakh debt, despite a number of unfinished restructuring deals.

Regulator gives go-ahead to Eurasian Bank acquisition
(SRI) - The Kazakh Financial Supervision Agency (FSA) gave a go-ahead to Eurasian Bank, one of the country’s ten largest banks, to buy Russian Bank Troika Dialog, the financial regulator said in a statement.

ENERGY:

Kazakh leader’s son-in-law sues media in libel case (Reuters)

South Korea is ready to invest $7 billion in Mangistau projects (Interfax)

BUSINESS AND ECONOMY:

Fitch withdraws Almaty’s ratings (SRI)

Kazakhstan to diversify satellite suppliers in future (RIA Novosti)

Russia remains Kazakhstan’s key strategic partner in space exploration - Kazkosmos (Interfax)

National Bank of Kazakhstan: Exchange rates February 3, 2010 (Kazakhstan Today)

POLITICS:

Kazakh Foreign Minister’s arrival in Washington highlights democratization vs. security debate (EurasiaNet)

Kazakhstan offers to hold joint military exercises with Turkey (Eurasia Daily Monitor)

SOCIETY:

Kazakhstan under pressure to free rights defender (Reuters)

Kazakhstan Society Roundup - February 3, 2010

Kazakhstan under pressure to free rights defender (Reuters)

Kazakhstan Politics Roundup - February 3, 2010

Kazakh Foreign Minister’s arrival in Washington highlights democratization vs. security debate (EurasiaNet)

Kazakhstan offers to hold joint military exercises with Turkey (Eurasia Daily Monitor)

Kazakhstan Energy Roundup - February 3, 2010

Kazakh leader’s son-in-law sues media in libel case (Reuters)

South Korea is ready to invest $7 billion in Mangistau projects (Interfax)

Kazakhstan Business and Economy Roundup - February 3, 2010

Kazakh banks’ bad loans to peak in 2010 - S&P (Reuters)

Regulator gives go-ahead to Eurasian Bank acquisition (SRI)

Fitch withdraws Almaty’s ratings (SRI)

Kazakhstan to diversify satellite suppliers in future (RIA Novosti)

Russia remains Kazakhstan’s key strategic partner in space exploration - Kazkosmos (Interfax)

National Bank of Kazakhstan: Exchange rates February 3, 2010 (Kazakhstan Today)

Fitch withdraws Almaty’s ratings

(Fitch) - Fitch Ratings has affirmed the City of Almaty’s Long-term foreign and local currency ratings at BB+, respectively, and has simultaneously withdrawn the ratings.

(more…)

Regulator gives go-ahead to Eurasian Bank acquisition

(SRI) - The Kazakh Financial Supervision Agency (FSA) gave a go-ahead to Eurasian Bank, one of the country’s ten largest banks, to buy Russian Bank Troika Dialog, the financial regulator said in a statement.

(more…)

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