Bank deposits of Kazakhstan residents exceed their salaries Kazakhstan residents are saving more money on their bank accounts than they officially earn.
27 March 2013
There are no deposits of Kazakhstan citizens in Cyprus banks: Marchenko We don't see any deposits of Kazakhstan legal entities or individuals in Cyprus banks and our banks have no relations with Cyprus banks: Marchenko.
27 March 2013
'Superhuman' efforts made to open Cyprus banks: governor "Superhuman" efforts are being made to reopen banks in Cyprus on Thursday, as protests and uncertainty over the island's top lender showed a huge bailout has not ended its troubles.
27 March 2013
Cyprus banks to stay shut as world markets take fright Cyprus reversed course and decided to keep its banks shut as world markets took fright at the implications for the eurozone of the island's 10-billion-euro bailout deal with international creditors.
26 March 2013
Last-minute deal resurrects Cyprus bailout EU and IMF officials struck a last-minute deal with Cyprus early Monday to resurrect a bailout for the island -- but one banking chain goes to the wall and major clients, who include many Russians, will take a giant hit.
25 March 2013
Russians threaten to quit Cyprus over bailout levy Angry Russian residents of Cyprus are talking of giving up on the Mediterranean island over a eurozone bailout deal which they say unfairly targets their money.
22 March 2013
Cyprus launches banking overhaul as meltdown looms Cypriot politicians have until Monday to approve a "Plan B" bailout deal with the European Union and International Monetary Fund.
22 March 2013
Kazakhstan’s depositors keeping about $50 million with Cyprus banks Cyprus authorities suggested introducing a 6.75% non-recurrent tax on deposits under 100 000 Euro and a 9.9% tax on deposits exceeding that amount.
21 March 2013
Eurozone still ready to help Cyprus after vote Cypriot President Nicos Anastasiades' office said he "fully respects" the decision and that he had had a "constructive" phone call with Russian leader Vladimir Putin, amid reports Cyprus was seeking alternative financing.
20 March 2013
KEGOC to float in People's IPO in Kazakhstan The second stage of the People's IPO in Kazakhstan will start this year with selling of KEGOC shares in Q2.
19 March 2013
Eurozone says ditch Cyprus tax grab on smallest accounts The eurozone has told debt-hit Cyprus to revise a controversial levy on bank deposits to allow small savers to escape the tax, part of a larger bailout deal, amid a public outcry and fears of a bank run.
19 March 2013
International lending shows smallest growth in 13 years: BIS Cross-border lending saw its smallest growth in 13 years in the third quarter of 2012, according to a report published Sunday by the Bank for International Settlements (BIS).
19 March 2013
Eurogroup approves Ireland, Portugal debt extension Eurozone finance ministers approved early Saturday plans to give bailed-out Ireland and Portugal more time to pay back some of their massive rescue loans.
18 March 2013
Bloggers expose lavish lifestyles of Putin loyalists Bloggers who oppose Russian President Vladimir Putin are targeting top lawmakers loyal to the Kremlin with scandalous revelations about their luxury lifestyles.
16 March 2013
Almaty citizens owe $10 billion to banks 63 percent of all the loans in Kazakhstan are concentrated in Almaty; overdue loans exceed $10 billion.
15 March 2013
IMF calls for 'urgent action' to boost Palestinian economy The International Monetary Fund (IMF) Thursday called for "urgent action" to help revive the Palestinian economy, saying it had been choked by Israeli restrictions and political uncertainty.
15 March 2013
In April 2013 Kazakhstan to launch education savings plans Halyk Bank, Kazkommertsbank and Temir bank are among the first banks to participate in the state-run program.
14 March 2013
Obama says US won't balance budget in next 10 years President Barack Obama warned Tuesday America will not balance its budget within a decade because Republican plans to do so would entail slashing social programs many citizens rely on for support.
13 March 2013
Data confirms recession in weakest eurozone economies Data published on Monday confirmed recession in the eurozone's weakest economies last year, breathing new life into a heated debate on whether aggressive austerity measures may come at the cost of economic growth.
12 March 2013
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