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In his “Presidential Address”, Nazarbayev names the “cardinal improvement and expansion of business landscape” the second priority of the third modernization of Kazakhastan. Let us see how practical this idea is given the current political and economic model of the Kazakh state.
December 16 2016 marked the 25th anniversary of Kazakhstan’s independence. However, another special day for Kazakhstan is also coming this summer. June 22 2017 will mark the 27th anniversary of…
The Kazakhstan banking circles vividly discuss a possible merger between Halyk Bank and Kazkommertsbank. Supposedly, it will happen before the end of this year. So far, neither of the banks has released any official information. So, at the moment, we are unable to analyze the details of the transaction and its possible outcomes. Therefore, in this article, we will limit ourselves to investigating the reasons for this merger and the personae behind it.
