IMF on Kazakhstan’s banking sector
According to the IMF, a key task for Kazakhstan is a realistic revision of the banking sector.
National bank of Kazakhstan released Aitys coin: Photo
National Bank of Kazakhstan released a new commemorative coins.
IAEA considering Kazakhstan’s suggestion to host a bank of low-enriched uranium
It is the first time IAEA is working on launching a bank of low-enriched uranium: IAEA Director General Yukiya Amano.
Kazakhstan among nations planning to construct a nuclear power station: President Nazarbayev
According to him, hydrocarbons are depleting, and renewable sources are unlikely to provide electric power sufficient to feed the growing global economy.
Over half of Kazakhstanies use bank cards
The number of bank cards holders in Kazakhstan has reached 8.5 million people this year.
Palatial properties of Mukhtar Ablyazov revealed
Ablyazov cannot be trusted. An asset the size of Canary Wharf can hardly have slipped Mr Ablyazov's mind: High Court judge Mr Justice Teare
President Nazarbayev reiterates readiness of Kazakhstan to accommodate nuclear fuel bank
According to him, all the nuclear facilities in the territory of Kazakhstan are scrutinized by the International Atomic Energy Agency.
Banks have become concentration of fraudsters: President Nazarbayev
President Nazarbayev urges Parliament to pass law on banks and banking operations.
Financial Ombudsman Service to emerge in Kazakhstan shortly
The Service will facilitate a professional talk between a bank and its borrower towards settling disputes, lowering pressure on courts: Halyk Bank Chairperson of the Board Umyt Shayakhmetova.
Reshuffling expected in BTA top management
To improve performance of the bank its current CEO Anvar Saidenov will replace Arman Dunayev as the Chairman of the Board.
Individual retail deposit amount guaranteed by the state to remain intact: Central Bank Chairman
Starting from 2012 the amount was to be reduced from KZT 5 million ($34.2 thousand) to KZT 1 million ($6.8 thousand).
KazKom is key bidder for Barclays Russian subsidiary
KazKommertsBank is the most likely bidder because it is offering to buy Barclays entirely and not just some of its parts.
One third of loans in Kazakhstan banks are "bad"
Share of bad loans - both hopeless and doubtful - exceeds 30 percent: deputy chairman of Kazakhstan National Bank.
National Bank to make suggestions on deposit insurance scheme for individuals
Kazakhstan had reinforced its deposit insurance scheme by increasing the individual retail deposit amount guaranteed by the state to KZT 5 million ($34.2 thousand) from KZT 700 thousand ($4.7 thousand) late 2008.
Launching a second Islamic Bank is not yet certain: Development Bank of Kazakhstan
In March 2011 the then Chairman of the Board at DBK Gali Isskaliyev had said that the DBK would have a final decision on a second Islamic bank in Kazakhstan not earlier than in May 2011.
Malaysia to teach Islamic banking to Kazakhstan
Malaysia is ready to provide trainings. We are inviting to send a [Kazakhstan’s] delegation to study our practices: Malaysia’s Prime Minister Datuk Seri Najib Tun Razak.
National Bank of Kazakhstan planning currency swap operations with China and Russia
Both the yuan and the ruble are growing more demanded to service external trade: Gregory Marchenko, Head of Kazakhstan’s National Bank.
Kazakhstan’s PM Massimov meets Sberbank CEO German Gref
Kazakhstan-based subsidiary of Russia’s Sberbank has entered the top ten banks in Kazakhstan in terms of assets recently.
Educational deposits to appear in Kazakhstan by 2015
Educational accounts will let parents save up for their children's education in Kazakhstan. They won't be able to cash out the accounts. The fund will be directly transferred from the bank to the university of choice.
Banks assets stand at $84.6 billion as of April 1
Total deposits grew 3.9% in March, making up $49.5 billion, with 67.8% being deposits of legal entities.