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National Bank's Governor post is risky business The resignation of Kairat Kelimbetov from the post of the National Bank governor and a prompt appointment of Daniyar Akishev have raised conflicting feelings both in the media and among general public.

18 November 2015

Kazakh Senate passes bill prohibiting foreign currency mortgage loans Kazakh Senate, the upper house of Kazakhstan’s Parliament, has passed a bill on non-performing loans and assets of second-tier banks.

17 November 2015

Kazakhstan's Kaspi Bank acquires status of bank holding company One of largest Kazakhstan’s banks Kaspi Bank has acquired the status of a bank holding company.

12 November 2015

UniCredit, feeling squeeze from low rates, cuts 18,200 jobs Italy's top bank UniCredit announced plans to shed over 18,000 jobs in an effort to stay profitable as low interest rates and the weak economy weigh on earnings.

12 November 2015

Commerzbank plans dividend for 2015 despite drop in Q3 profits Commerzbank, Germany's second biggest lender, said that profits were down in the third quarter, but it still planned to pay out a dividend to shareholders for the whole year.

02 November 2015

Deutsche Bank accidentally sent client $6 billion: report Germany's biggest lender Deutsche Bank accidentally sent $6 billion to a client after entering the wrong numbers, Bloomberg News reported.

20 October 2015

Troubled Deutsche Bank announces sweeping restructuring Scandal-plagued Deutsche Bank, Germany's biggest lender, announced a major business and management shake-up that would "fundamentally change" its leadership structure.

19 October 2015

Standard & Poor's affirms Kazakhstan's credit rating at BBB Kazakhstan's credit rating remains at BBB with a negative outlook, according to S&P's latest report.

21 September 2015

Seven steps advised to Kazakhstan government after devaluation of national currency National Fund for Development of Financial Services presented a seven-step plan for Kazakh government to implement amid tenge depreciation.

08 September 2015

Devaluation necessary for restoration of Kazakh currency market: Bolat Zhamishev Chairman of the Development Bank of Kazakhstan Bolat Zhamishev about devaluation of the Kazakh tenge and outlook of Kazakhstan's economy.

08 September 2015

How new monetary policy will affect country’s banking system Under such circumstances minor players of the market might opt for merging into bigger entities: Mr. Olzhas Khudaibergenov, Head of the Center for Macroeconomic Studies.

03 September 2015

Kazakhstan will make every effort to protect nuclear bank from terrorists: Kazakh Foreign Minister Idrissov Kazakhstan and International Atomic Energy Agency have signed the agreement establishing the international nuclear fuel bank in Kazakhstan.

27 August 2015

Nazarbayev instructs National Bank to compensate tenge deposits President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.

21 August 2015

New Chairman of Nurbank appointed Chairman of the Management Board of Nurbank Kantar Orynbayev has voluntarily resigned, Deputy Chairman Saken Akhmetov replaced him.

14 August 2015

Nurzhan Subkhanberdin sells KazKom shares to Kenes Rakishev The principle shareholder of Kazkommertsbank Nurzhan Subkhanberdin has sold a part of his common shares in the bank to Kenes Rakishev.

06 August 2015

Kazakhstan to host official ceremony to launch international nuclear fuel bank August 27 Yukiya Amano, Director General of the IAEA, representatives of the six nations involved in talks to negotiate the Iranian nuclear program, including Russia’s Foreign Minister Sergei Lavrov and US Secretary of State John Kerry will be among those in attendance.

28 July 2015

25 y.o. Kazakhstani programmer donates $2 million for cancer research Having worked at Barclays for half a year, a programmer from Kazakhstan Askhat Murzabayev earned a little over $2 million and donated the money to the International Cancer Research Center.

22 July 2015

New Deputy Chairman for Halyk Bank appointed Halyk Bank of Kazakhstan has appointed a new Deputy Chairman of the Management Board.

14 July 2015

ECB should not provide more liquidity to Greece: Bundesbank The European Central Bank should not provide any more emergency liquidity to Greece, the head of the German central bank said.

09 July 2015

Greek banks to stay closed until Monday: finance ministry Greek banks will remain closed until Monday, the finance ministry said as the government raced to come up with a new proposal to present to creditors in a last-minute drive to avert a eurozone exit.

09 July 2015

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