By November 30, 2020, the fate of yet another two Kazakh banks will have been determined. We are talking about Capital Bank Kazakhstan JSC and AsiaCredit Bank JSC. According to KZ.expert’s insiders, the banks will be unable to fulfil their client obligations without an outside help...
A serious struggle related to how to save ATFBank JSC seems to be going on inside Kazakhstan’s most important «family». Or, to be more precise, the struggles of how to save the bank’s majority shareholder Galimzhan Esenov, a son-in-law of Akhmetzhan Esimov, the Chairman of the Management Board of SWF Samruk-Kazyna and Nursultan Nazarbayev’s nephew...
On November 10, 2020, Kazakh media resources informed the public on the arrest of former managers of Tengri Bank JSC. These managers were but hired employees although the bank lost its license in September because of the activities of the shareholders to whom it had provided bad loans. We at …
The escalation of the conflict between the rich and the poor may soon become one of the most significant results of the coronavirus pandemic. And Kazakhstan, too, is not going to escape this problem since the current authorities have neither intelligence not political will needed to change the current state of affairs in a cardinal way...
On October 5, 2020, the President of Kazakhstan signed Decree 427 «On Some Issues Related to the Agency for Strategic Planning and Reforms of the Republic of Kazakhstan». We at KZ.expert believe that the document should have a slightly different title — «On Some Issues Related to the So Called Agency for Strategic Planning and Reforms of the Republic of Kazakhstan»...
On October 14, 2020, the Kazakh media resources informed on the overwhelming success of Kaspi.kz at the London Stock Exchange (LSE). However, we believe that there should be no cause for pride and happiness. Now then, what is hidden behind this pretty exterior? Or, to be more precise, who?..