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NPLs growing in Kazakhstan regardless of measures to reduce the figure: Fitch Ratings As of the end of 2013, the share of NPLs throughout the country’s banking sector stood at 31.2%. According to Fitch Ratings, in February the indicator grew to 33%.

02 April 2014

Merger of pension funds to form a single entity complete in Kazakhstan Altogether, there are 9.7 million accounts, with the overall savings amount standing at $21.3 billion.

31 March 2014

Kazakhstan’s 2013 external debt figure grows from $136.922 billion to $148.753 billion The Central Bank elaborated that the debt of the country’s banking system decreased for the period by 17.5% down to $11.160 billion.

31 March 2014

S.Korea opens spot market for physical gold trade South Korea launched a gold trading exchange for the first time on Monday in a bid to help counter the country's burgeoning black market in the precious metal.

25 March 2014

Kazakhstan Government increases reserve fund by $250 million after tenge devaluation Amid adjustments of microeconomic indicators for the year 2014 the Kazakhstan Government has revised its budget.

23 March 2014

Kazakhstan to counter siphoning of money to offshore zones The “dirty” money tends to come back to Kazakhstan in the shape of respectably looking foreign investments: Financial Police official.

20 March 2014

Will the pension funds be merged into the Single Pension Funds by April 2014? Ular Umit pension fund is completing the merger to be followed by the pension fund owned by Halyk Bank, the last to be merged with the newly-formed Single Pension Fund: the Fund’s Press Service.

20 March 2014

Huge price hikes for Brazil World Cup hotels Football fans heading to Rio for the World Cup will have to pay at least double the going rate for hotel accommodation despite government attempts to limit price-gouging during the tournament.

14 March 2014

Central Bank Governor to manage assets of Single Pension Fund Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.

14 March 2014

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Doctors warn about the danger of popular Dubai chocolate

24 October 2024, 17:06

Three Russians deported from Kazakhstan for dual citizenship

today, 08:42

Kazakhstanis share video of moose attacking hunter

25 November 2024, 08:12

Storm warnings issued in Astana and 13 other regions

today, 08:22

NSC and police detained foreigners who arrived in Kazakhstan

today, 09:59

Missing fishermen were rescued in Karaganda region

today, 12:28

Trump: US will officially recognize only two genders - male and female

today, 11:38

Kazakhstan will grow exotic fruits like mangoes and avocados

today, 12:53

Reshuffles in Kazakh Government

12 April 2011, 16:06

80 residents of Almaty were affected – Russia extradited suspect to Kazakhstan

today, 13:55

Vietnamese investors will purchase Kazakhstani airline

today, 15:28

Kazakhstan’s New Year 2025 holidays announced

26 November 2024, 19:20

Is it possible to ride a moped in winter in Kazakhstan

today, 10:23

Lufthansa flight to Almaty turned back over Black Sea

20 December 2024, 23:15

Kazakhstan's Ministry of Water reported on situation in reservoirs

today, 11:14

Kazakhstan people have got about four hours of leisure time daily

02 July 2012, 17:38

Almaty officially announced capital of Winter Universiade-2017

30 November 2011, 13:40

Frost, occasional snow, and blizzards: Weather in Kazakhstan for December 23

today, 10:46

Another country will block TikTok

today, 09:04

Kazakhstan has enough oil, even without Kashagan: Nazarbayev

30 April 2015, 05:38

Warning bells as Portugal urged to exit bailout without buffer With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.

11 March 2014

Japan says Bitcoin not a currency, but taxable Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.

08 March 2014

Man identified as Bitcoin creator denies involvement A man named as being the enigmatic creator of Bitcoin on Thursday denied having a role in the virtual unit, telling reporters he was "not involved."

07 March 2014

Apple moved billions offshore to avoid Australia tax: report US tech giant Apple was Thursday accused of shifting nearly Aus$9 billion (US$8.1 billion) in untaxed profits from its Australian operations to Ireland over the past decade.

06 March 2014

Central Bank toughens requirements to borrowers Earlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.

06 March 2014

Singapore world's costliest city: survey The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.

04 March 2014

Buffett says bitcoin 'not a currency' The Oracle of Omaha is not a believer in bitcoin.

04 March 2014

MtGox opens call centre after $500m Bitcoin loss The MtGox Bitcoin exchange, which last week sought bankruptcy protection in Japan, opened a helpline for anxious customers on Monday after unveiling a massive loss in a possible theft.

03 March 2014

Kazakhstan PM pledges to solve the issue of NPLs within two years There are 38 banks operating in Kazakhstan (…) Maybe the economy only needs 10 banks: Serik Akhmetov.

03 March 2014

Kazakhstan to issue Eurobonds The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.

28 February 2014