Kazakhstan Chamber of Commerce in the USA

KazCham



Russian Promsvyazbank opens Almaty office 0

Posted on October 23, 2011 by Alex

Russia’s Promsvyazbank, one of Russia’s ten largest banks by assets, has opened a representative office in Almaty, RIA Novosti reported on Tuesday. Promsvyazbank said in July it was  planning to  branch out into Kazakhstan.  There are already three other Russian banks operating in the country – Sberbank, Alfa-Bank and VTB Bank.

Moody’s, the credit rating agency, changed to stable from negative the outlook on the B3 corporate family rating and the B3 default probability rating of RG Brands,  a  Kazakh food and  soft  drinks producer.

SOURCE: http://silkroadintelligencer.com/wp-content/files/srikznewsbrief_oct19_2011.pdf

Kazakhstan Daily News Roundup – July 25, 2011 0

Posted on July 25, 2011 by KazCham

HEADLINES:

Alliance bank considers sentencing of former chairman, executives too lenient, may appeal
(SRI) – Kazakhstan’s Alliance Bank said on Friday it regards the sentencing of its former ownership and management as too lenient and is considering appealing the court verdict.

Malaysia seeks greater presence in Kazakhstan
(bne) – Malaysian investors are targeting Central Asia in sectors ranging from oil and gas to Islamic finance. Although geographically distant, Malaysia shares with the Central Asian republics a religion and an economy based on natural resources.

BUSINESS AND ECONOMY:

Temirbank names new board members; increases capital reserves (SRI)

Russia’s Promsvyazbank to open representative office in Kazakhstan (SRI)

Bank Astana Finance, Homebroker lose banking licenses (SRI)

On the move: Eurasian Bank, Aktobe akim (SRI)

Number of SMEs in Kazakhstan growing – PM (Interfax)

Indicators – July 22, 2011 (Reuters)

POLITICS AND SECURITY:

Kazakhstan vows harsh crackdown on religious extremism (Interfax)

Austrian policeman provided Kazakh intelligence with Aliyev case data (Austrian Independent)

Kazakh President to attend nuclear security summit (TREND)

SOURCE: http://silkroadintelligencer.com/2011/07/25/kazakhstan-daily-news-roundup-july-25-2011/

 



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