Comments on: A Glimpse Into Kazakh Finance http://registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/ Central Asia News -- All Central Asia, All The Time Sun, 12 Feb 2012 23:53:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Kuda http://registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/comment-page-1/#comment-348607 Kuda Fri, 09 Feb 2007 11:24:28 +0000 http://www.registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/#comment-348607 Not exactly related to the above but does concern Kazakh banks. A few months ago I was chatting with a couple of Kazakh friends about the housing, insane prices, having to move out of centre due to rent etc. Talking about getting a 'mortgage' one remarked that if you ask around, just a little, you can find bank clerks (presumably somewhat higher than front desk staff) who will happily give you whatever loan you want to buy a flat if you slip them $1000. The idea being that you can then sell on the proprty. Checks seem limited and slow. The workers at the bank apparently take the attitude that nothing will come back to them as they will probably have left. Not exactly related to the above but does concern Kazakh banks. A few months ago I was chatting with a couple of Kazakh friends about the housing, insane prices, having to move out of centre due to rent etc. Talking about getting a ‘mortgage’ one remarked that if you ask around, just a little, you can find bank clerks (presumably somewhat higher than front desk staff) who will happily give you whatever loan you want to buy a flat if you slip them $1000. The idea being that you can then sell on the proprty. Checks seem limited and slow. The workers at the bank apparently take the attitude that nothing will come back to them as they will probably have left.

]]> By: Nathan http://registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/comment-page-1/#comment-347795 Nathan Tue, 06 Feb 2007 19:14:09 +0000 http://www.registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/#comment-347795 The RFE/RL story doesn't mention it, but their wives believe that the president's son-in-law, Rakhat Aliyev, <a href="http://www.iht.com/articles/ap/2007/02/05/asia/AS-GEN-Kazakhstan-Missing-Bankers.php" rel="nofollow">is responsible for their husbands' disappearance.</a> <blockquote>Gilimov's wife, Nazira Bazarbayeva, said she has not heard from her husband since he left on Monday morning for questioning by financial police. Almaty police said they were investigating the two men's disappearances, but gave no further details. Officials at Nurbank, which is one of the top 10 Kazakh banks, refused to comment. The two men's wives also accused Aliyev, who is the oil-rich ex-Soviet republic's first deputy foreign minister, of kidnapping their husbands on Jan. 18 and forcibly holding them for about 24 hours in a sauna near the commercial capital, Almaty, as a way to force them to help him take over an office building in central Almaty. Kapasheva claimed that Aliyev had beaten up her husband and kept him chained and without sleep all night. Bazarbayeva said her husband had not been beaten.</blockquote> The RFE/RL story doesn’t mention it, but their wives believe that the president’s son-in-law, Rakhat Aliyev, is responsible for their husbands’ disappearance.

Gilimov’s wife, Nazira Bazarbayeva, said she has not heard from her husband since he left on Monday morning for questioning by financial police.

Almaty police said they were investigating the two men’s disappearances, but gave no further details.

Officials at Nurbank, which is one of the top 10 Kazakh banks, refused to comment.

The two men’s wives also accused Aliyev, who is the oil-rich ex-Soviet republic’s first deputy foreign minister, of kidnapping their husbands on Jan. 18 and forcibly holding them for about 24 hours in a sauna near the commercial capital, Almaty, as a way to force them to help him take over an office building in central Almaty.

Kapasheva claimed that Aliyev had beaten up her husband and kept him chained and without sleep all night. Bazarbayeva said her husband had not been beaten.

]]> By: Narcogen http://registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/comment-page-1/#comment-347600 Narcogen Tue, 06 Feb 2007 07:02:53 +0000 http://www.registan.net/index.php/2007/02/05/a-glimpse-into-kazakh-finance/#comment-347600 If anything, KZ banks are probably a little too flexible, if you take my meaning. That's what's causing concern. If anything, KZ banks are probably a little too flexible, if you take my meaning. That’s what’s causing concern.

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