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Barclays chairman Marcus Agius. ©REUTERS/Dylan Martinez
Barclays chairman resigns over rate rigging scandal

Barclays chairman Marcus Agius resigned on Monday, saying suspected manipulation of inter-bank lending rates by staff had "dealt a devastating blow" to the reputation of the British banking giant.

Barclays chairman resigns over rate rigging scandal
Photo by Yaroslav Radlovskiy©
Maximum interest rates on deposits cut in Kazakhstan on July 1

Kazakhstan Deposit Guarantee Fund decreased maximum interest rates on bank deposits for individuals starting from July 1.

Maximum interest rates on deposits cut in Kazakhstan on July 1
Furious Spanish investors seek Bankia scalps
Furious Spanish investors seek Bankia scalps

Furious pensioners who lost savings through investments in ruined lender Bankia booed its managers Friday, branding them thieves, at the first shareholders' meeting since the bank's huge rescue.

Furious Spanish investors seek Bankia scalps
Russia's Sberbank in Almaty. Photo by Yaroslav Radlovskiy©
Kazakhstan banks complained of unequal competition to Nazarbayev

Some of the foreign banks are controlled by their countries and enjoy support of their parent banks with ratings higher than those of Kazakhstan banks: expert.

Kazakhstan banks complained of unequal competition to Nazarbayev
Share of banking services offered by foreign banks shouldn’t exceed 30%: President Nazarbayev

According to him, the Government and the National Bank should take into consideration that local banks not always enjoy the same competitive advantage as foreign ones.

Share of banking services offered by foreign banks shouldn’t exceed 30%: President Nazarbayev
Storage containers for nuclear fuel. ©RIA Novosti
International nuclear fuel bank is not feasible for Kazakhstan

The nuclear fuel bank is a political and an image-making project showing Kazakhstan's strive to creating an open nuclear security system: expert.

International nuclear fuel bank is not feasible for Kazakhstan
Governor of the National Bank of Kazakhstan Gregory Marchenko. Photo by Yaroslav Radlovskiy©
Marchenko is against agricultural bank in Kazakhstan

National Bank's chairman Gregory Marchenko told the senators his opinion of the prospect of creation of the agricultural bank in Kazakhstan.

Marchenko is against agricultural bank in Kazakhstan
Photo courtesy of liveinternet.ru
Kazakhstan bank purchased rare The Beatles photo

The photograph is one of only six shots made in August 1969 by Ian Macmillan for a cover of their 12th album of The Beatles called AbbeyRoad.

Kazakhstan bank purchased rare The Beatles photo
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International nuclear fuel bank may be launched in Kazakhstan in summer 2013

Prep works are under way at the Ulba metallurgical plant [engaged in production of hi-tech uranium, beryllium and tantalum products for the needs of the nuclear power industry] to host the bank: Head of the State Agency for Nuclear Power Industry.

International nuclear fuel bank may be launched in Kazakhstan in summer 2013
Sberbank mulls to become one of key banks in Kazakhstan
Sberbank mulls to become one of key banks in Kazakhstan

We are planning to become one of the key banks in Kazakhstan in the nearest 5 years: Sberbank chairman.

Sberbank mulls to become one of key banks in Kazakhstan
Sberbank chairman German Gref. ©RIA Novosti
Sberbank chairman asks Kazakhstan administration for preferences

We could have significantly increased our investments to Kazakhstan: German Gref.

Sberbank chairman asks Kazakhstan administration for preferences
Head of KazAtomProm Vladimir Shkolnik. Photo by Yaroslav Radlovskiy©
Ulbinsk Plant selected as Nuclear Fuel Bank location

Experts checked both platforms and decided that Ulbinsk factory was the most suitable location: KazAtomProm head.

Ulbinsk Plant selected as Nuclear Fuel Bank location
Visa Inc. to open an office in Almaty

The total of transactions via VISA cards in 2011 in Kazakhstan made up $1.7 billion, 34% up against 2010.

Visa Inc. to open an office in Almaty
Kazakhstan passes the first ever Islamic Finance Development Roadmap
Kazakhstan passes the first ever Islamic Finance Development Roadmap

Kazakhstan is already home to Al Hilal Islamic Bank. The Bank is a 100% subsidiary of Al Hilal Bank, UAE, and the first Islamic bank in Kazakhstan and CIS countries.

Kazakhstan passes the first ever Islamic Finance Development Roadmap
Kyrgyzstan Minister of Economy and Antimonopoly Policy Temir Sariyev. ©Temir Sariyev
Kazakhstan prefers to invest in Kyrgyzstan banking sector

Kyrgyzstan's banking sector is the most attractive sector in the country's economy for Kazakhstan investors.

Kazakhstan prefers to invest in Kyrgyzstan banking sector
Bank cards statistics announced
Bank cards statistics announced

As of March 1, 2012 bank cards are issued by 21 banks and KazPost Post Service Operator.

Bank cards statistics announced
Islamic bank. ©REUTERS/Majed Jaber
Islamic mortgage suggested to Massimov

Kazakhstan citizen Timur Davletov has applied to Prime-Minister Karim Massimov with a suggestion to make Islamic mortgage available Kazakhstan.

Islamic mortgage suggested to Massimov
Kuanysh Aitakhanov. Photo courtesy of kazpravda.kz
MP suggests to open agricultural bank in Kazakhstan

Senator Kuanysh Aitakhanov suggested to open an agricultural bank in Kazakhstan.

MP suggests to open agricultural bank in Kazakhstan
©REUTERS
State educational deposits system may be launched in Kazakhstan in 2012

The system’s mechanism and draft law are being prepared in Kazakhstan: Education Ministry.

State educational deposits system may be launched in Kazakhstan in 2012
vesti.kz stock photo
Every fifth Kazakhstan citizen seeks nepotism to register mortgage loan

Every fifth Kazakhstan citizen is confident that nepotism is a key to obtaining mortgage loans in banks or another financial organizations.

Every fifth Kazakhstan citizen seeks nepotism to register mortgage loan