7. Kazakhstan
CDS spread of Kazakhstan are in the range of 495 basis points, while the probability of sovereign default is 29.81%.
Three of Kazakhstan’s major banks agreed in October last year a partial nationalization, due to financial crisis.
Banks in Kazakhstan are deemed as extremely exposed to credit crisis, local equity markets being on ice.
Three of Kazakhstan’s major banks agreed in October last year a partial nationalization, due to financial crisis.
Banks in Kazakhstan are deemed as extremely exposed to credit crisis, local equity markets being on ice.