Kazakhstan’s fragile banking system: will it hold?

Kazakhstan's fragile banking system: will it hold?Four out of seven leading banks in Kazakhstan as of mid-August had still to report to the Almaty Stock Exchange’s supervising board on their results over the first half of the current year. “Preliminary” figures, reported to and divulged by the country’s overall financial watchdog, however, show worse situations in the country’s bruised and battered banking sector than feared.

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Kazakh enterprises remain under scrutiny

Kazakh enterprises remain under scrutinyThose who had pinned their hopes on troubled Kazakh companies getting a facelift in the eyes of the international financial world by government interventions have so far been disappointed.

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