Eurasian Development Bank announces Y2011 H1 financial results

Eurasian Development Bank announces Y2011 H1 financial resultsAssets of Eurasian Development Bank (EDB) rose by USD290.4 m – from USD2.55 bn to USD2.84 m in the first half-year 2011. This is mentioned in EDB’s interim financial statements for the first six months of the current year (in accordance with Internationals Financial Reporting Standards). An independent audit was conducted by KPMG Audit.

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Fitch assigns ratings to KAZEXPORTASTYK Holding (Kazakhstan), places them in Rating Watch “Negative”

Fitch assigns ratings to KAZEXPORTASTYK Holding (Kazakhstan), places them in Rating Watch "Negative"Fitch Ratings has assigned Kazakhstan-based grain and oilseed producer JSC Holding KazExportAstyk (KazExportAstyk or KEA) Long-term foreign and local currency Issuer Default Ratings (IDRs) of ‘B’ and a National Long-term rating of BB(kaz)’. The agency has simultaneously placed the ratings on Rating Watch Negative (RWN) reflecting the company’s need to procure longer-dated debt, which a successful issue of a proposed bond is expected to address.

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Subsidiary of Halyk Savings Bank of Kazakhstan Halyk – Kazakhinstrakh announced results of Y2011 H1

Subsidiary of Halyk Savings Bank of Kazakhstan Halyk - Kazakhinstrakh announced results of Y2011 H1According to the results of the first six months of the year of 2011 “Halyk-Kazakhinstrakh” Insurance Subsidiary of Halyk Bank of Kazakhstan” JSC (“Kazakhinstrakh” JSC) has reserved the first place in the insurance market of Kazakhstan according to the results of collection of net premiums and expenses for insurance payments.

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Kazakhstan Agribusiness Report Q3 2011

Kazakhstan Agribusiness Report Q3 2011Business Monitor International’s Kazakhstan Agribusiness service provides proprietary medium term price forecasts for key commodities, including corn, wheat, rice, sugar, cocoa, coffee, soy and milk; in addition to newly-researched competitive intelligence on leading agribusiness producers, traders and suppliers; in-depth analysis of latest industry developments; and essential industry context on Kazakhstan’s agribusiness service.

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S&P confirms GAMMA rating of Development Bank of Kazakhstan at GAMMA-5+, withdraws it due to halt of ratings in GAMMA format

S&P confirms GAMMA rating of Development Bank of Kazakhstan at GAMMA-5+, withdraws it due to halt of ratings in GAMMA formatGovernance Services Standard & Poor’s announced the confirmation of the rating, “Analysis and evaluation of the effectiveness of corporate governance, accountability and management”, assigned to the JSC “Development Bank of Kazakhstan” (DBK) at the level of “GAMMA 5+” and its subsequent withdrawal, reported August 5 S & P.

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