Analytics

July 20, 2016
Economic growth in the first half of 2016
The economy grew by 0.1% in H1, as compared to negative 0.1% in the first quarter of 2016 Economic analysis and interest rates / Economics
July 14, 2016
International reserves of the National Bank of Kazakhstan in June and FX policy
NBK gross foreign-exchange reserves grew by $1.7bn in June to $30.5bn (9.4% YoY). Over the half of the growth came from the gold. Economic analysis and interest rates / FX and interest rates
July 14, 2016
Prompt change of a base rate
On June 11, the National Bank of Kazakhstan (NBK) for the second time this year reduced the base rate by 2pp from 15% to 13% while keeping the interest rate corridor at ±1pp. Economic analysis and interest rates / Economics
July 13, 2016
NC KMG improved conditions of proposed changes to their relationship agreement with KMG EP
The price of a proposed share buyback was increased by 14% up to $9/GDR ($54/ordinary share and $31.55/ preferred share). We recommend to minority shareholders to accept the offer. Oil and gas / KMG EP