Tenge depreciation to create hurdles for Kazakh banks – S&P – Trend News Agency

The recent sharp drop in Kazakhstan’s currency will likely complicate matters for the country’s banking sector, already hurting from the economic slowdown following the recent plunge in oil prices.

Sourced through Scoop.it from: en.trend.az

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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