Finance and Investment

23.09.2021

Kazakhstan notes increase in quality of retail loan portfolio

The quality of retail lending in Kazakhstan is steadily improving. Overdue loans in the segment of loans to individuals decreased over the year by 12.3%, to 305.7 billion tenge in the first half of 2021, in the segment of direct consumer loans by 12.2%, to 199 billion tenge.

As a result,...

The quality of retail lending in Kazakhstan is steadily improving. Overdue loans in the segment of loans to individuals decreased over the year by 12.3%, to 305.7 billion tenge in the first half of 2021, in the segment of direct consumer loans by 12.2%, to 199 billion tenge.

As a result,...

23.09.2021

Gross profit of Kazakhstani national companies grows by 52%

For the second quarter of 2021, national companies of Kazakhstan received a gross profit of 146 billion tenge. This is 52% more than in the first quarter, when it was 96 billion tenge.

According to the National Statistics Bureau of Kazakhstan, the total income from the sale of services for April-June...

For the second quarter of 2021, national companies of Kazakhstan received a gross profit of 146 billion tenge. This is 52% more than in the first quarter, when it was 96 billion tenge.

According to the National Statistics Bureau of Kazakhstan, the total income from the sale of services for April-June...

23.09.2021

Asian Development Bank improves Kazakhstan economic growth forecast for 2021 to 3.4%

The Asian Development Bank has lowered its economic growth forecast for developing countries in Asia for 2021 amid lingering concerns over the COVID-19 pandemic, the ADB press office said.

ADB projects growth of 7.1% this year, according to the updated Asia Development Outlook (ADO) 2021, the bank's leading economic publication. For...

The Asian Development Bank has lowered its economic growth forecast for developing countries in Asia for 2021 amid lingering concerns over the COVID-19 pandemic, the ADB press office said.

ADB projects growth of 7.1% this year, according to the updated Asia Development Outlook (ADO) 2021, the bank's leading economic publication. For...

23.09.2021

Bank CenterCredit comments on situation with housing of Almaty shooter

Bank CenterCredit has clarified the details related to the debtor, who opened fire on bailiffs in Almaty. The financial structure clarified that in July 2011 the borrower Nano Plus was provided with two loans for a total of 102 million tenge with a delay in payment of the principal and...

Bank CenterCredit has clarified the details related to the debtor, who opened fire on bailiffs in Almaty. The financial structure clarified that in July 2011 the borrower Nano Plus was provided with two loans for a total of 102 million tenge with a delay in payment of the principal and...

23.09.2021

Nurbank expects changes

The chairman of the board will be replaced in Nurbank in the near future. By the resolution of the ARDFM board, the issuance of consent to Eldar Sarsenov to acquire the status of a large (indirect) participant in Nurbank was approved, which allows him to acquire a 100% stake in...

The chairman of the board will be replaced in Nurbank in the near future. By the resolution of the ARDFM board, the issuance of consent to Eldar Sarsenov to acquire the status of a large (indirect) participant in Nurbank was approved, which allows him to acquire a 100% stake in...


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