Too Big To Fail: Why Halyk Bank Results Are Better Than Others

Too Big To Fail: Why Halyk Bank Results Are Better Than OthersAccording to analysts, the reasons for the positive results of Halyk Bank of Kazakhstan for the first half a little, but most importantly its scale and market status. The bank has a sufficiently high credit rating, ensuring it a leading position in the banking market, significant margins in lending, komissionnnye substantial income and the confidence of depositors.

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S&P affirms long-term credit ratings of National company KazMunayGaz and KazMunaiGas Exploration Production at level “ВВ+”; outlook “Negative”

S&P affirms long-term credit ratings of National company KazMunayGaz and KazMunaiGas Exploration Production at level "ВВ+"; outlook "Negative"Standard & Poor’s Ratings Services today affirmed its ‘BB+’ long-term corporate credit rating on Kazakhstan-government-controlled vertically integrated oil company KazMunayGas NC JSC (KMG) and its core subsidiary KazMunaiGas Exploration Production JSC (KMG EP). The outlook is negative

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KazTransGas investment to increase its financial risks – S&P

KazTransGas investment to increase its financial risks - S&PStandard & Poor’s Ratings Services has affirmed its ‘BB+’ long-term corporate credit ratings on Kazakh gas utility company KazTransGas (KTG) and its 100 percent owned gas pipeline operator Intergas Central Asia JSC (ICA), said the message of the rating agency Apr.24.

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The Ablyazov files: the “dissident” image waning, in search for the lost cash

The Ablyazov files: the “dissident” image waning, in search for the lost cashThe French government keeps dragging its feet concerning the eventual extradition, primarily to the Russian Federation, secondarily to Ukraine, of Kazakhstan’s notorious master-swindler Mukhtar Ablyazov following a last verdict in appeal allowing it to go ahead. Lawyers are expected to jump in and appeal to the Council of State against a decision to extradite, meaning months of further proceedings, and after that even head for the European Court of Justice which is bound to prolong proceedings even further, and well into the upcoming winter.

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