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DBS buys Societe Generale's Asian private banking business Singapore's DBS Bank said Monday it had agreed to buy the Asian private banking business of French lender Societe Generale in a deal worth $220 million, boosting its access to the region's super rich.

17 March 2014

Man charged with spreading rumours of banks' insolvency holds overdue loan from Kaspi Bank Darkhan Sabdenov, who was charged with distributing misleading information about insolvency of three Kazakhstan banks, had failed to repay his loan to Kaspi Bank.

09 March 2014

Female bank head a first for Japan Japan's biggest brokerage Nomura Holdings said Wednesday it has chosen a woman to head its banking arm, in what is believed to be a first for the country's male-dominated financial sector.

06 March 2014

TAIB Bank changes name to Capital Bank TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.

06 March 2014

Central Bank toughens requirements to borrowers Earlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.

06 March 2014

Wealthiest Kazakhs: Forbes 2014 Five Kazakhstan richest man made it into the Forbes list this year.

05 March 2014

Kazakhstan PM pledges to solve the issue of NPLs within two years There are 38 banks operating in Kazakhstan (…) Maybe the economy only needs 10 banks: Serik Akhmetov.

03 March 2014

Samruk-Kazyna to sell KazKom stake for $433million The National Welfare Fund Samruk-Kazyna plans to raise $433 million by selling its stake in Kazkommertsbank.

28 February 2014

Woods urged to 'respect' WGC-HSBC Champions HSBC's sponsorship chief has urged Tiger Woods to respect the bank's large investment by playing at this year's WGC-HSBC Champions in Shanghai instead of "meaningless... money-making opportunities".

26 February 2014

New CEO for BTA Bank appointed Magzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.

26 February 2014

Negotiations on low-enriched uranium bank in Kazakhstan nearing final The negotiations on Kazakhstan's bid to host the international bank of low-enriched uranium are nearing their final stage.

25 February 2014

Bank and law firm employees suspected of sparking anti-bank campaign A lawyer of one of the banks and employees of an Almaty-based law firm may be among those who started the anti-bank SMS-campaign.

25 February 2014

Alliance Bank intends to claim damages from misinformers Kazakhstan-based Alliance Bank is going to make the misinformers reimburse the losses, caused by rumours about the bank's bankruptcy.

25 February 2014

EIB gives 100 million Euro to Sberbank for SMBs in Kazakhstan The European Investment Bank (EIB) and Sberbank offer new opportunities for small and mid-sized business of Kazakhstan.

24 February 2014

Ex-employee of CenterCredit Bank involved in misinformation attack Darkhan Sabdenov, former employee of CenterCredit Bank, has been taken into a 20-day custody for distributing misleading information about alleged bankruptcy of his former employer.

24 February 2014

People ready to confess anything for $500,000: Kaspi Bank Kaspi bank has received more than 1000 calls from people hoping to get the $500,000 bounty.

24 February 2014

We will not let Kazakhstan-based banks fail: President Nazarbayev President reminded that the National Fund had already played a crucial role to support the national economy against the backdrop of the global financial crisis.

21 February 2014

Kaspi Bank on $500 000 reward offered to help identify instigators of false SMS campaign Vyacheslav Kim, Chairman of the Board, has refuted the rumor that the announced amount would be paid to the country’s General Prosecutor’s Office.

20 February 2014

Damage dealt to Kazakh banks by SMS-campaign being calculated The Governor of Kazakhstan National Bank Kairat Kelimbetov has commented the mass SMS distribution about the bankruptcy of 3 banks of Kazakhstan.

20 February 2014

Kaspi Bank depositors withdraw $212 million in a bank run The withdrawal amount stands at 10% of the deposit: Bank’s CEO Michael Lomtadze.

20 February 2014

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