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
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
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,
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
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,
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.
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.
'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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
