Sberbanks Kazakh subsidiary plans to expand its loan portfolio by 40% next year as the countrys economy recovers. State-controlled Sberbank was founded in Kazakhstan in 2006. Sberbank Kazakhstans assets increased from KZT 219.6bn as of the beginning of the year to KZT 240.8bn (USD 1.6bn) as of the end of September. Sberbank ranks 11th among Kazakh banks in terms of assets. |
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Kazakhstan is in talks over McDonald's enter to the Kazakh market, President of the Eurasian Franchising Association, Beknur Kissikov has said. He added that the main reasons that McDonald's is ... more
Kazakhstan will establish institute for energy and energy effectiveness, deputy PM and Minister of Industry and New technologies Aset Isekeshev has informed. The new entity should start operating ... more
Kazakhstan plans to diminish oil products imports from Russia, according to Kuandyk Kulmurzin Director of oil industry development department in Oil and Gas Ministry. He explained that the reason ... more