New CEO for BTA Bank appointed
Magzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.
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.
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.
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.
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.
Ex-employee of CenterCredit Bank involved in misinformation attack
Darkhan Sabdenov, former employee of CenterCredit Bank, has been taken into a 20-day custody for distributing misleading information about alleged bankruptcy of his former employer.
People ready to confess anything for $500,000: Kaspi Bank
Kaspi bank has received more than 1000 calls from people hoping to get the $500,000 bounty.
We will not let Kazakhstan-based banks fail: President Nazarbayev
President reminded that the National Fund had already played a crucial role to support the national economy against the backdrop of the global financial crisis.
Kaspi Bank on $500 000 reward offered to help identify instigators of false SMS campaign
Vyacheslav Kim, Chairman of the Board, has refuted the rumor that the announced amount would be paid to the country’s General Prosecutor’s Office.
Damage dealt to Kazakh banks by SMS-campaign being calculated
The Governor of Kazakhstan National Bank Kairat Kelimbetov has commented the mass SMS distribution about the bankruptcy of 3 banks of Kazakhstan.
Kaspi Bank depositors withdraw $212 million in a bank run
The withdrawal amount stands at 10% of the deposit: Bank’s CEO Michael Lomtadze.
Misinformers SMSing about meltdown of three Kazakhstan banks found
The General Prosecutor’s Office has tracked down the groups of people creating false rumours of the bankruptcy of three Kazakhstan banks.
Banks can't hold SMS-misinformers liable: lawyer
Banks won't be able to bring the ones who were distributing misinformation about bankruptcy of 3 Kazakhstan banks to criminal liability.
Kenes Rakishev, new chairman of BTA Bank Board of Directors
Kazakhstan businessman Kenes Rakishev has become the new chairman of Kazakhstan-based BTA Bank's Board of Directors.
President Nazarbayev opposes state support to failing banks and companies
According to him, “We are a market economy. In a market economy thousands of businesses go out of business every year”.
President Nazarbayev on NPLs
As of December 1, 2013 NPLs stood at 31.4% of the overall banks’ portfolio, 19.7% up against the start of 2013.
Devaluation in Kazakhstan: How black was Black Tuesday?
Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.
KazKommertsBank and BTA to merge before the end of the year
Earlier today KazKommertsBank said that the lender and entrepreneur Kenes Rakishev will buy 46.5% in BTA each from Samruk-Kazyna Sovereign Wealth Fund.
Online banking system hacked in Kazakhstan
The online banking system has been hacked in Kazakhstan. Hackers arrested.
MP suggests checking Kazakhstan officials for offshore accounts
MPs representing Ak Zhol party in the Parliament suggested to check if Kazakhstan officials had accounts in offshore zones.
