Russian banks share in Kazakhstan’s banking sector is decreasing, Kazakh Finprom.kz analytical center said in a message. The share of Russian banks in the deposit portfolio of Kazakh banking sector decreased from 10.8% to 8.1% in November 2015 – November 2016, in loan portfolio – from 9.6% to 8.1%. This reduction mainly resulted from the…
Business circles of Uzbekistan and Ukraine signed bilateral agreements in the diplomatic mission of Uzbekistan in Kiev, aimed at increasing the volume of exports of the Uzbek producers. In particular, representatives of JSC Uzsanoateksport and JSC Uztadbirkoreksport signed agreements for a total amount of $7.05 million on the export of products of domestic manufacturers, namely…
Profit of gold refinery of Kyrgyzaltyn JSC in Kara-Balta on the results of 2016 has grown by half. Profit of the refinery in 2016 amounted to 132.5 million soms, up by 84.1 million soms YoY. In 2012-2015, profit of the gold refinery did not exceed 80 million soms. Volume of refinery’s output also increased by…
The National Bank of Ukraine (NBU) has raised its forecast for the growth of Ukraine’s gross domestic product (GDP) for 2017 to 2.8% from 2.5% and lowered the one for 2018 to 3% from 3.5%, the NBU has said. According to the central bank’s estimates, economic growth in 2016 stood at 1.8%. According to the…
Agrarians of Ukraine in 2016 acquired about 8.5 thousand units of equipment valued at almost 9 billion UAH. This was stated by the minister of agrarian policy and food of Ukraine Taras Kutovoy. “Ukraine is a promising platform for agricultural engineering. Therefore, I urge the international manufacturers and investors to expand and transfer their production…
In the current season of 2016/2017 Kazakh exporters continued building up wheat bran shipments to foreign markets. Kazakhstan exported 60.6 KMT of wheat bran in the first three months of the season (September-November 2016), up by 66% YoY (36.5 KMT). Uzbekistan remains the key importer of Kazakh wheat bran – the country absorbed over 78%…
Ukraine’s Antimonopoly Committee has fined the Boryspil International Airport (Kyiv) for abuse of monopoly on the specialized airport service market. “We have finished hearing a case about abuse of monopoly by the Boryspil International Airport on the specialized airport service market. We fined the airport UAH 12.78 million,” authorized official of Ukraine’s Antimonopoly Committee Ahiya…