Regions 8 сентября 2016 201 просмотров Foreigners are actively investing in the Kazakh economy with a 25% growth year on year in January-July mainly thanks to investment volumes in March and April. The share of foreign investment in total investment remains stable and significant, and stays within 20 – 50% zone for the past 2.5 years The Kazakh economy attracted over KZT1.3tn in foreign investment, or 25% up year on year, in January-July of 2016. In July alone KZT181bn was injected...
Banking and finance 31 августа 2016 226 просмотров Competition on the credit market in Kazakhstan is falling as 10 largest banks continue to account for over 80% of the market. However, Kazakhstan’s credit system is more competitive than in its partners in the EEU – Russia and Belarus The level of monopolisation in the banking sector calculated as share of commercial banks’ loan portfolios stands at over 1,000 points which points to...
Industries 18 августа 2016 17 просмотров The credit system continues recovery following the January drop: since the beginning of the year the monthly volume of loans to the economy jumped by 65.6%. Yet, the volume of new loans is falling – commercial banks issued only KZT6.6 of new loans per KZT100 of their portfolios In June 2016 the total volume of loans issued by the banking sector to the economy reached KZT12.5tn. However, despite a remarkable fall in new loans in...
Banking and finance 16 августа 2016 37 просмотров Kazakh property prices go up in June. The price of new housing go up in 12 cities but this doesn’t stop buyers The price of new and existing housing went up by 13.6% and 10.6% year on year respectively in Kazakhstan in June. New housing cost KZT252,700 per square...
Industries 8 августа 2016 10 просмотров Kazakhstan has legalised shadow money worth over KZT1tn. Since the beginning of 2016 the average account opened for legalisation purposes exceeded KZT500m. Almaty accounts for over 85% of all legalised money Kazakh citizens increase the amount of legalised money by opening accounts in banks by over 1,200% since the beginning of 2016. The total amount of money...
Regions 5 августа 2016 38 просмотров The number of active bank cards has been falling the sixth month in a row in Kazakhstan as banks has lost over 2m cards since the beginning of the year. The number of cards per holder reached the lowest point since the beginning of 2014. Visa retained leadership among card payment system with a market share of 74.6%. Almaty’s share in the total number of bank cards exceeds 34% The total number of bank cards in circulation fell to a minimum of 15.1m units in Kazakhstan in June 2016, 12.3% down from a peak of 17.3m reached in December...
Industries 2 августа 2016 16 просмотров Retail trade increases by 23.7% in nominal and by 0.3% in real terms in 1H2016 Retail trade increased by 9% in monetary terms in 2015. Despite the positive indicator, this growth was the slowest in the past five years. In 2014, annual...
Banking and finance 14 июля 2016 10 просмотров Retail deposits up by 61.7% in May as a result of exchange rate revaluations. Halyk Bank and Kazkommertsbank account for 41% of retail deposits Kazakh commercial bank’s retail deposit portfolio increase by 61.7% year on year to KZT6.9tn in May. However, steady growth was replaced with slight...
Industries 11 июля 2016 15 просмотров Exports decreased by 31.2%, imports by 27.7% in the given period Kazakhstan’s foreign trade in money terms totalled $18,234.4m in January-April 2016, a 29.8% slump on the same period of last year. Trade with the Eurasian...
Industries 30 июня 2016 12 просмотров The National Bank of Kazakhstan increases its gold reserves by 20% in the past year Kazakhstan’s gross gold and foreign exchange reserves increased by 3.28% year-to-date to $28.78bn in May (including net international assets that stood...
