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Kazakhstan-based banks obliged to keep equity capital inside the country According to the Central Bank Governor, up to now they have been able to keep the money on their correspondent accounts abroad.

11 September 2014

Kazakhstan expands Tenge to US Dollar exchange rate corridor Kazakhstan's National Bank has enlarged the Tenge to US Dollar pegged corridor from 6 tenge to 18 tenge.

10 September 2014

Standard & Poor`s on tenfold obligatory increase in Kazakhstan-based banks’ capital net worth As of July 1, 2014, 33 out of 38 Kazakhstan-based banks are short of the standard to be introduced in 2019.

09 September 2014

Kerviel: 'ordinary' guy behind France's record rogue trade Rogue trader Jerome Kerviel, who lost his bank nearly five billion euros, paints himself as a simple soul caught up in an orgy of greed.

08 September 2014

Cyber attacks on US businesses, banks mounting Investigators were digging to find who initiated and what was taken in an apparent hacker effort this month to penetrate the systems of US banks.

29 August 2014

Alliance Bank debt restructuring talks break stalemate Alliance Bank of Kazakhstan has agreed the basic terms of restructuring of its $1.2 billion debt.

15 August 2014

Russia's stocks soar after avoiding delisting The shares of Russia's two biggest banks soared after avoiding being delisted from a top emerging markets index as part of the West's response.

11 August 2014

US and Europe hit Russia with toughest sanctions yet The United States and Europe targeted Russia's key financial, arms and energy sectors Tuesday with tough new sanctions in response to Moscow's intervention in the Ukraine crisis.

30 July 2014

Bank of Cyprus completes $1 bn private share placement Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.

30 July 2014

Cautious Royal Bank of Scotland reports sharp recovery Britain's state-rescued Royal Bank of Scotland warned over future earnings despite posting a surge in profits.

25 July 2014

BRICS create development bank, 'mini-IMF' The BRICS group of emerging powers created a Shanghai-based development bank and a reserve fund seen as alternatives to Western-led institutions.

16 July 2014

Bank of Japan holds off fresh stimulus, says economy recovering The Bank of Japan on Tuesday held off expanding its vast stimulus programme, saying the world's number three economy was recovering despite activity taking a hit from April's sales tax hike.

15 July 2014

Softbank in deal to merge Sprint, T-Mobile: report Japan's SoftBank and Deutsche Telekom of Germany have reached a basic agreement for a merger between their US affiliates Sprint and T-Mobile US, the business daily Nikkei reported.

12 July 2014

Samruk-Kazyna withdraws from Temirbank Samruk-Kazyna Sovereign Wealth Fund has completely withdrawn from Temirbank.

07 July 2014

KazKom launches PayPass in Kazakhstan Kazkommertsbank has launched a contactless payment system that uses mobile phones in Kazakhstan.

30 June 2014

G20 lagging on growth targets: Australia Reforms proposed to lift global growth in line with a target set by the world's biggest economies earlier this year are so far falling short, Australian Treasurer Joe Hockey said.

23 June 2014

Kazakh VIce-PM about foreign debt Kazakhstan's Vice Prime Minister and Minster of Finance Bakhyt Sultanov reported to the Parliament about the measures the government was planning to use to reduce the foreign debt of the country.

22 June 2014

Steel rods plant launched in Kostanay Steel rods plant Evraz Caspian Steel has been unveiled in Kostanay.

20 June 2014

Japan's Q1 growth fastest in more than two years Japan's economic growth in the first three months of 2014 hit its fastest pace in more than two years, data showed Monday, while analysts said a pick-up in consumer confidence indicated sentiment was improving despite the impact of a sales tax hike.

10 June 2014

Kazakhstan banks exposed to high forex risk: S&P Associate Director for Financial Institutions at Standard & Poor's Natalia Yalovskaya said that Kazakhstani banks were exposed to increased forex risk.

23 May 2014

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