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Several foreign banks plan to open branches in Kazakhstan Tengrinews.kz – Madina Abylkassymova, Chair of the Agency for Regulation and Development of the Financial Market, presented a series of proposals

16 October 2024

Financial Market Regulatory Agency comments on data sharing by banks Tengrinews.kz - Madina Abylkassymova, Chair of the Agency for Regulation and Development of the Financial Market, spoke about the leak of personal

16 October 2024

Freedom Bank owner addressed mass technical failure in app Tengrinews.kz – The Freedom SuperApp in Kazakhstan experienced a technical failure. Timur Turlov, the owner of the bank and CEO of Freedom Holding

16 October 2024

Kazakh banks sold personal information of customers Tengrinews.kz - Ruslan Abdikalikov, the Chairman of the Committee for Information Security of the Ministry of Digital Development, Innovations,

15 October 2024

Kazakhstan's financial regulator defends Kaspi Bank’s transparency and stability Tengrinews.kz - The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market has released a statement in response

23 September 2024

Kazakh banks unaffected by global Windows outage Tengrinews.kz - A widespread outage affecting Windows 10 systems has impacted airports, airlines, telecom operators, media outlets, traders,

19 July 2024

Saxo Bank makes Kazakh tenge and oil forecasts Merely a relatively stable exchange rate is highly rewarding for holders of KZT because of the very high interest rate in Kazakhstan relative to the US dollar: John Hardy.

05 April 2016

Israel caps bankers' salaries to $658,000 a year Israel's parliament passed a law capping the annual salaries of bank executives at $658,000, among the world's toughest such restrictions.

29 March 2016

'Bad bank' deal could be option for several countries: EU banking resolution chief A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.

17 February 2016

Barclays fined another $150 mn over forex 'misconduct' New York's financial regulator announced another $150 million fine against British bank Barclays over its "misconduct" in foreign exchange services offered to clients.

19 November 2015

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

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