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№17 (202) 12 - 25 September 2007

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Recently Kashagan issue has taken new urgency. On 6 Karim Massimov came out with a statement. Our republic is currently seeking for bigger role in Kashagan oilfield
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Financial virus
Is local financial industry facing the biggest crisis in its history? May be banks just live through the hard times or as Anvar Saidenov the head of the national bank puts it there are symptoms of the mild fever and there is nothing serious to worry about. What does the moratorium on mortgage lending signal about? Is it just the echo of the US mortgage crisis? Are there any other versions and explanations to recent trends in local financial industry? What other factors underlie the decision of banks to put a lid on generous lending?

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