News about bank
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.
24 February 2014 15:36
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.
24 February 2014 15:14
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.
21 February 2014 14:31
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.
20 February 2014 15:48
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.
20 February 2014 15:47
Kaspi Bank depositors withdraw $212 million in a bank run
The withdrawal amount stands at 10% of the deposit: Bank’s CEO Michael Lomtadze.
20 February 2014 15:28
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.
20 February 2014 14:16
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.
19 February 2014 18:34
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.
17 February 2014 17:08
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”.
14 February 2014 16:56
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.
14 February 2014 14:50
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.
13 February 2014 16:02
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.
06 February 2014 17:48
Online banking system hacked in Kazakhstan
The online banking system has been hacked in Kazakhstan. Hackers arrested.
29 January 2014 19:11
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.
21 January 2014 13:10
IMF's Lagarde: uncertainty over health of European banks
International Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.
10 January 2014 16:10
Kazakhstan vests EBRD with immunity and tax privileges
Kazakhstan Majilis has ratified the agreement between Kazakhstan and European Bank of Reconstruction and Development.
09 January 2014 13:39
KazAgro borrows $100 million from Royal Bank of Scotland
KazAgro National Company has borrowed $100 million from the Royal Bank of Scotland.
06 January 2014 20:06
Kazakhstan banks to start transition to Basel III in 2015
Kazakhstan banks will start transitioning to Basel III standards starting from January 2015.
05 January 2014 11:51
China stock market disappoints on double cash crunch
A cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.
01 January 2014 12:18
