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Earlier, we said we would not comment on the second Address of President Kossym-Jomart Tokayev to the People of Kazakhstan made on September 1, 2020, for we did not want to «drown» ourselves in the details and particulars of this populist document...
In the article “On the Fate of the Banks of Bolat Nazarbayev’s Son” published on September 9, 2020, we have reviewed the situation around Tengri Bank JSC, a small yet troublesome financial institute, and assumed that this bank would probably manage to survive. Alas, we we wrong...
«The National Plan For the Implementation of the Presidential Address to the People of Kazakhstan» can be, concisely and comprehensively, characterised by the phrase from a legendary Soviet film «The White Sun of the Desert»* — …
On August 21, 2020, Fitch Ratings confirmed Kazakhstan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'BBB', Outlook “Stable”. The report published on the agency’s website allows one to conclude that Kazakh and foreign investors have no cause for concern. Is that really so?
It looks like, after Timur Kuanyshev’s family has left Tengri Bank, the financial institute has got a chance to survive. However, the incident once again draws our attention to two other small banks experiencing similar problems. Why don’t the regulators touch them?
Amid all kinds of problems that most Kazakhs are fighting now, the information attacks against one of the “South” clan’s unofficial leader Umirzak Shukeyev who is currently governing the Turkestan region have been left practically unnoticed... On one hand, it is quite …
