CEO of Halyk Bank and former governor of Kazakhstan’s central bank, Grigori Marchenko tells Karina Robinson why the Federal Reserve got it wrong.
Asia-Pacific
Latest articles from Kazakhstan
New strength attracts interest
August 1, 2007Kazakhstan’s economic growth story is attracting foreign investors, especially in the booming banking sector. Ben Aris reports.
Kazakh bank makes inroads into China
August 1, 2007One emerging market bank on the move is Bank TuranAlem, which, as one of the largest private banks in the Commonwealth of Independent States (CIS), is expanding overseas.
CEE surfs a new wave of structured finance products
May 7, 2007A surge of new offerings are coming out of central and eastern Europe, with Russia and Kazakhstan showing the new EU countries how it should be done. Michael Marray reports.
Positive wave rolls on
March 5, 2007The wave of flotations that began in 2005 continues and some of the big banks have been joining the fray. Christopher Pala reports from Almaty on the positive effects on political risk.
Well-oiled machine drives Kazakh deal
November 6, 2006The sale of 40% of Kazakhstan state oil exploration and production company KazMunaiGas in a two-part offering was a roaring success, despite oil prices falling as the deal was going down. The Credit Suisse team responsible for “driving the execution” talk to Edward Russell-Walling.
Waiting for the boom
April 3, 2006Kazakhstan stands on the verge of an oil boom but government conditions are putting oil companies off investing in the country. By Christopher Pala.
Independent streak
April 3, 2006European banks took over most of their east European counterparts when the Iron Curtain fell. Yet, despite Kazakhstan’s extraordinary boom, its banks have not been bought up. Christopher Pala reports.
Good on assets, short on vision
April 3, 2006A thriving and highly profitable banking sector still draws criticism for having a short-term outlook. Christopher Pala reports.
Best laid plans
April 3, 2006Kairat Kelimbetov, minister of economy and budget planning, tells The Banker about the country’s plans for curbing inflation and managing debt.