Kazakh National Bank Denies Small Banks’ Insolvency Rumours, As Prosecutors Announce Finding Their Perpetrators
ASTANA – Kazakhstan’s National Bank held a briefing on Feb. 18 to deny rumours of the alleged imminent bankruptcy of three second-tier banks. Bank Chairman Kairat Kelimbetov issued an official statement at the briefing to mitigate concerns that had been swirling as a result of mobile text messages about the financial conditions of the banks.…
Gov’t Strives to Guarantee Gender Equality
ASTANA – Kazakhstan has been working vigorously to promote gender equality and the country’s efforts have ranked it 32nd out of 136, according to the 2013 Global Gender Gap Report published by the World Economic Forum. The country’s success, the highest in the Commonwealth of Independent States (CIS), in this sphere can be attributed to…