Two ex-Vatican bank chiefs face money laundering trial
Italian prosecutors on Friday said two former top executives at the Vatican bank will go on trial for money laundering, while the bank's ex-chairman was declared innocent.
Will anti-Russian sanctions affect Kazakhstan?
President Nazarbayev has assured that Kazakhstan will not suffer from the economic sanctions imposed on Russia by some of the countries.
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.
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.
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.
TAIB Bank changes name to Capital Bank
TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.
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.
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.
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.
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".
New CEO for BTA Bank appointed
Magzhan Auezov, a Kazkommertsbank Member of the Board, has been appointed the new CEO of BTA Bank.
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.
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.
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.
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.
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.
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.
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.
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.