News about bank

Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank Kazakhstan businessman Bulat Utemuratov has received a permission from the Central bank to finalize his purchase of Alliance Bank and Temirbank.

11 April 2014 20:44

Kazakhstani banks reduce external debt by $2.4 billion Kazakhstani banks have reduced their external debt by $2.4billion.

09 April 2014 17:32

Moscow threatens US retaliation over blocked funds transfer Moscow on Wednesday threatened retaliatory action against US diplomats after US bank JP Morgan blocked a transfer of funds carried out by a Russian envoy.

02 April 2014 13:40

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 12:02

Two ex-Vatican bank chiefs face money laundering trial Italian prosecutors on Friday said two former top executives at the Vatican bank will go on trial for money laundering, while the bank's ex-chairman was declared innocent.

29 March 2014 11:45

Will anti-Russian sanctions affect Kazakhstan? President Nazarbayev has assured that Kazakhstan will not suffer from the economic sanctions imposed on Russia by some of the countries.

27 March 2014 16:30

DBS buys Societe Generale's Asian private banking business Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.

17 March 2014 14:54

Man charged with spreading rumours of banks' insolvency holds overdue loan from Kaspi Bank Darkhan Sabdenov, who was charged with distributing misleading information about insolvency of three Kazakhstan banks, had failed to repay his loan to Kaspi Bank.

09 March 2014 16:18

Female bank head a first for Japan Japan's biggest brokerage Nomura Holdings said Wednesday it has chosen a woman to head its banking arm, in what is believed to be a first for the country's male-dominated financial sector.

06 March 2014 17:39

TAIB Bank changes name to Capital Bank TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.

06 March 2014 14:37

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 11:29

Wealthiest Kazakhs: Forbes 2014 Five Kazakhstan richest man made it into the Forbes list this year.

05 March 2014 19:05

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 11:44

Samruk-Kazyna to sell KazKom stake for $433million The National Welfare Fund Samruk-Kazyna plans to raise $433 million by selling its stake in Kazkommertsbank.

28 February 2014 15:42

Woods urged to 'respect' WGC-HSBC Champions HSBC's sponsorship chief has urged Tiger Woods to respect the bank's large investment by playing at this year's WGC-HSBC Champions in Shanghai instead of "meaningless... money-making opportunities".

26 February 2014 15:53

New CEO for BTA Bank appointed Magzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.

26 February 2014 11:54

Negotiations on low-enriched uranium bank in Kazakhstan nearing final The negotiations on Kazakhstan's bid to host the international bank of low-enriched uranium are nearing their final stage.

25 February 2014 14:29

Bank and law firm employees suspected of sparking anti-bank campaign A lawyer of one of the banks and employees of an Almaty-based law firm may be among those who started the anti-bank SMS-campaign.

25 February 2014 14:12

Alliance Bank intends to claim damages from misinformers Kazakhstan-based Alliance Bank is going to make the misinformers reimburse the losses, caused by rumours about the bank's bankruptcy.

25 February 2014 13:53

EIB gives 100 million Euro to Sberbank for SMBs in Kazakhstan The European Investment Bank (EIB) and Sberbank offer new opportunities for small and mid-sized business of Kazakhstan.

24 February 2014 15:45

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