Kazakhstan’s Halyk Bank swallows Qazkom

Kazakhstan’s Halyk Bank swallows Qazkom

This is an excerpt from an article in our monthly Caspian Focus publication. Kazakhstan’s second-largest bank by assets, People’s Savings Bank (aka Halyk Bank), has completed the acquisition of its larger rival, Kazkommertsbank. Last year’s rebranding changed the...
Azerbaijan’s President Aliev dumps key ally

Azerbaijan’s President Aliev dumps key ally

This is an excerpt from an article in our Caspian Focus publication. On 13 February, Azerbaijan’s President Ilham Aliev abolished the Ministry of Transport and the Ministry of Communication and High Technologies, instead merging them into one ‘super...