Standard & Poor’s Ratings Services said on Wednesday it revised downward to Group 9 from Group 8 its Banking Industry Country Risk Assessment (BICRA) on the Republic of Kazakhstan (foreign currency rating BBB-/Stable/A-3, local currency rating BBB/Stable/A-3).
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The Almaty Appeals Court has upheld guilty verdicts passed against three Kazakh opposition leaders, RFE/RL's Kazakh Service reports.
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By Nariman Gizitdinov
BTA Bank, Kazakhstan’s largest lender, said it may take years to recover some of its assets after previous management fled.
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Uncertainty around the bank’s financial situation and the lack of progress in negotiating a restructuring agreement.
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By Jason Lewis and Will Stewart
The controversial president of Kazakhstan paid £3million above the market value for Prince Andrew’s Royal residence to persuade him to lobby on his behalf, according to a book by the leader’s former son-in-law.
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By Sasha Meyer
Iran keeps making headlines, and some experts say the crackdown there could fuel repression in Central Asia. Stateside, there's a public debate on what to do.
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Ex-Botschafter Aliyev klagt Kasachstans Präsidenten an.
