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HSBC shares dive in Hong Kong after apology Shares in global banking giant HSBC fell more than two percent in Hong Kong on Wednesday after a top executive resigned over the lender's failure to control money laundering and terrorist financing.
19 July 2012
HSBC seeks to evict Hong Kong 'Occupy' protesters Global banking giant HSBC on Monday sought legal permission to evict a handful of protesters camped outside its Hong Kong headquarters, one of the last remnants of the "Occupy" movement in Asia.
16 July 2012
Photo courtesy of realestate.com.au South Korea unexpectedly cuts key interest rate South Korea's central bank unexpectedly cut its key interest rate Thursday for the first time in more than three years, joining international moves to ease the impact of the eurozone debt crisis.
13 July 2012
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.
03 July 2012
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.
02 July 2012
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.
01 July 2012
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.
22 June 2012
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.
22 June 2012
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.
21 June 2012
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.
21 June 2012
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.
19 June 2012
wordpress.com 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.
30 May 2012
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.
23 May 2012
Sberbank chairman German Gref. ©RIA Novosti Sberbank chairman asks Kazakhstan administration for preferences We could have significantly increased our investments to Kazakhstan: German Gref.
22 May 2012
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.
18 May 2012
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.
13 April 2012
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.
10 April 2012
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.
04 April 2012
Bank cards statistics announced As of March 1, 2012 bank cards are issued by 21 banks and KazPost Post Service Operator.
30 March 2012
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.
28 March 2012
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