Kazakhstan

Kazakhstan (i/ˌkæzækˈstɑːn, ˌkɑː-, -zɑːk-, -ˈstæn/;Kazakh: Қазақстан, Qazaqstan), officially the Republic of Kazakhstan, is a country in Central Asia, with a minor part west of the Ural River and thus in Europe. Kazakhstan is the world's largest landlocked country by land area and the ninth largest country in the world. Its territory of 2,724,900 square kilometres (1,052,100 sq mi) is larger than all of Western Europe. By 2006, Kazakhstan had become the dominant nation of Central Asia economically, generating 60% of the region's GDP, primarily through its oil/gas industry. The country has vast mineral resources.

It has borders with (clockwise from the north) Russia, China, Kyrgyzstan, Uzbekistan, and Turkmenistan, and also adjoins a large part of the Caspian Sea. The terrain of Kazakhstan includes flatlands, steppe, taiga, rock canyons, hills, deltas, snow-capped mountains, and deserts. With an estimated 18 million people as of 2014, Kazakhstan is the 61st most populous country in the world. Given its large land area, its population density is among the lowest, at less than 6 people per square kilometre (15 people per sq. mi.). The capital is Astana, where it was moved in 1997 from Almaty.

Latest News for: Bank kazakhstan

Edit

The hidden costs of America’s entanglement in the Ukraine war

The Hill 19 Sep 2024
... of finance and seizure of Russia’s earnings on its central-bank assets frozen by Western governments ... Meanwhile, as a hedging strategy, central banks in many countries — especially China, Turkey, India, Kazakhstan and in Eastern Europe — have increasingly been buying gold....
Edit

rich Kazakhstan seeks niche in battery supply chain

Hindustan Times 16 Sep 2024
rich Kazakhstan seeks niche in battery supply chain ... Kazakhstan has signed deals with the European Union and Britain on the supply of critical minerals ... The European Bank for Reconstruction and Development said last month it had bought a stake in a firm exploring for graphite in Kazakhstan....
Edit

Should the West Sanction Russia’s Neighbors in Central Asia?

Moscow Times 16 Sep 2024
In one of the latest examples, Kyrgyzstan’s central bank on Sept ... This move could complicate Russian companies’ use of Kyrgyz banks for payments to China ... Many middle-class Russians travel to countries like Kazakhstan or Kyrgyzstan to open bank accounts or purchase Western brands ... Astana, Kazakhstan....
Edit

Kazakhstan's Home Credit Bank Halts Operations With VTB Amid Sanctions

MENA FN 11 Sep 2024
(MENAFN - Trend News Agency) ASTANA, Kazakhstan, September 11. Home Credit Bank Kazakhstan has halted its operations with VTB Kazakhstan, statement by Home Credit Bank said, Trend reports. The ... ....
Edit

Startup From Kazakhstan To Supply Biometric ID For Kyrgyzstan's National Bank

MENA FN 11 Sep 2024
(MENAFN - Trend News Agency) BISHKEK, Kyrgyzstan, September 11. Biometric, a Kazakhstan-based startup, will provide biometric identification services to the National Bank of Kyrgyzstan, a ... ....
Edit

Binance Obtains Former Regulatory Consent in Kazakhstan Ahead of Full Licensing 

Coinspeaker 06 Sep 2024
Binance Obtains Former Regulatory Consent in Kazakhstan Ahead of Full Licensing ... In October 2022, Binance’s founder Changpeng Zhao (CZ) revealed that Kazakhstan’s National Bank had selected the BNB Chain, a blockchain closely linked to Binance and known for supporting BEP20 smart contracts, for its central bank digital currency (CBDC)....
Edit

ADFD joins Arab Coordination Group roundtable meeting in Kazakhstan

GCC Business News 06 Sep 2024
Abu Dhabi Fund for Development (ADFD) has joined in a roundtable meeting of the Arab Coordination Group (ACG) in Astana, marking the first-ever formal engagement between the ACG and Kazakhstan ... Also discussed was the possibility of ACG providing $7 billion in financing to support basic infrastructure and social projects in Kazakhstan....
Edit

Binance Inches Closer to Obtaining Full Kazakhstan Licence: Receives Formal Consent

Finance Magnates 06 Sep 2024
The Kazakhstan-based unit of Binance has received formal consent from the Astana Financial Services Authority (AFSA) to grant it a full regulatory licence, the crypto exchange announced today (Friday). Sealing Its Presence in Kazakhstan ... It even partnered with a local bank to enable fiat deposits and withdrawals....
Edit

ADFD joins first Arab Coordination Group meeting in Kazakhstan

The Gulf Time 05 Sep 2024
Held at the invitation of the Government of the Republic of Kazakhstan, the meeting marked the first-ever formal engagement between the ACG and Kazakhstan ... Also discussed was the possibility of ACG providing $7 billion in financing to support basic infrastructure and social projects in Kazakhstan....
Edit

Kazakhstan, Isdb Brushing Up Potential Bilateral Collaboration

MENA FN 04 Sep 2024
(MENAFN - Trend News Agency) ASTANA, Kazakhstan, September 4. Kazakhstan and Islamic Development Bank (IsDB) have discussed bilateral cooperation and the country's development projects, Trend ... ....
Edit

Isdb Committed To Supporting Kazakhstan's Development Goals - Muhammad Al Jasser

MENA FN 04 Sep 2024
(MENAFN - Trend News Agency) ASTANA, Kazakhstan, September 4. Islamic Development Bank is committed to supporting Kazakhstan's development goals, said Muhammad Al Jasser, President of ... ....
Edit

EBRD's Kazakhstan Portfolio Up With Strong Focus On Sustainable Infrastructure

MENA FN 03 Sep 2024
(MENAFN - Trend News Agency) ASTANA, Kazakhstan, September 3. As of July 31, 2024, the European Bank for Reconstruction and Development (EBRD) has a project portfolio in Kazakhstan valued at 3 ... ....
Edit

Kazakhstan plans to boost oil production, looks beyond Russia for wider market reach

Offshore Technology 03 Sep 2024
Kazakhstan Crude Oil Refinery Market Analysis by Capacity, Asset De... A late September 2023 report from World Bank argued that despite Kazakhstan’s substantial oil and gas reserves and the associated fiscal power, its “public finances need improvement for the country to follow a more inclusive and resilient growth path”....
×