Kazakhstan’s Eurasian Bank JSC plans to increase the share of retail lending in its portfolio, the bank’s Chairman Pavel Loginov said. “We are planning to change the bank’s balance structurally – retail and corporate businesses should be at 60% and 40% respectively by 2020,” Loginov said. “A year ago the ratio was 40% and 60%,…
Turkestan region governor Zhanseiit Tuimebayev met with Dal Holding Investment CO deputy director Cemalettin Ceker, the governor’s press service reports. The parties debated issues concerning attraction of investments to the development of glass-house industry in Turkestan and Kentau. According to the project proposed, up-to-date greeneries will be built in the territory of 200 ha, 80%…
Air Astana, Kazakhstan’s award winning national carrier, is offering special fares for travel to this year’s Astana Marathon taking place on September 16 in the Kazakh capital. For the second year in a row, the airline will be the Official Carrier and Gold Sponsor of the prestigious charity run (Astana Marathon 2018) and is offering…
Kazakhstan’s Kaz-Ir AGRO LLP made the first shipment of safflower oil to Japan in the volume of 37.3 tons, Kaz-Ir AGRO said. Kaz-Ir AGRO is the first company in the history of Kazakhstan to supply food products to Japan, specializing in growing safflower, as well as producing unrefined safflower oil of cold pressing. In June…
Aviation authorities of Kazakhstan and Hong Kong met in Astana to discuss air communication between the two countries, the Civil Aviation Committee of the Ministry for Innovations and Development of the Republic of Kazakhstan reported. During the meeting with Talgat Lastayev, Chairman of the Committee, the officials from Hong Kong expressed interest in increasing passenger…
The National Bank of Kazakhstan has suspended the license of Qazaq Banki for accepting deposits and opening bank accounts of individuals until September 28, said a message from the National Bank of the country. “The decision was taken by the National Bank within the framework of the supervisory response to certain violations by the bank…
The first batch of popular brands of Kazakh ice cream “Bomba” (Bomb), “Bakhroma” (Fringe) and “Mishka na polyuse” (Bear at the Pole) has been sent to China. A truck with 10 tons of Kazakh ice cream will go from Almaty to Shanghai. The Shin-Line company is the supplier. The company has its own warehouse in…