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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

Misinformers SMSing about meltdown of three Kazakhstan banks found The General Prosecutor’s Office has tracked down the groups of people creating false rumours of the bankruptcy of three Kazakhstan banks.

20 February 2014

Banks can't hold SMS-misinformers liable: lawyer Banks won't be able to bring the ones who were distributing misinformation about bankruptcy of 3 Kazakhstan banks to criminal liability.

19 February 2014

Kenes Rakishev, new chairman of BTA Bank Board of Directors Kazakhstan businessman Kenes Rakishev has become the new chairman of Kazakhstan-based BTA Bank's Board of Directors.

17 February 2014

President Nazarbayev opposes state support to failing banks and companies According to him, “We are a market economy. In a market economy thousands of businesses go out of business every year”.

14 February 2014

President Nazarbayev on NPLs As of December 1, 2013 NPLs stood at 31.4% of the overall banks’ portfolio, 19.7% up against the start of 2013.

14 February 2014

Devaluation in Kazakhstan: How black was Black Tuesday? Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.

13 February 2014

KazKommertsBank and BTA to merge before the end of the year Earlier today KazKommertsBank said that the lender and entrepreneur Kenes Rakishev will buy 46.5% in BTA each from Samruk-Kazyna Sovereign Wealth Fund.

06 February 2014

Online banking system hacked in Kazakhstan The online banking system has been hacked in Kazakhstan. Hackers arrested.

29 January 2014

MP suggests checking Kazakhstan officials for offshore accounts MPs representing Ak Zhol party in the Parliament suggested to check if Kazakhstan officials had accounts in offshore zones.

21 January 2014

IMF's Lagarde: uncertainty over health of European banks International Monetary Fund Managing Director Christine Lagarde said Thursday that questions marks remain over the health of Europe's banks and that coming stress tests are a chance to build confidence in them.

10 January 2014

Kazakhstan vests EBRD with immunity and tax privileges Kazakhstan Majilis has ratified the agreement between Kazakhstan and European Bank of Reconstruction and Development.

09 January 2014

KazAgro borrows $100 million from Royal Bank of Scotland KazAgro National Company has borrowed $100 million from the Royal Bank of Scotland.

06 January 2014

Kazakhstan banks to start transition to Basel III in 2015 Kazakhstan banks will start transitioning to Basel III standards starting from January 2015.

05 January 2014

China stock market disappoints on double cash crunch A cash shortage among banks made the Chinese stock market one of the world's worst performing this year, showing how tens of millions of small investors remain at the mercy of government policy.

01 January 2014

Azamat Joldasbekov appointed Temirbank Board Chariman Azamat Joldasbekov has been appointed the new Chairman of the Board of Directors of Temirbank.

31 December 2013

Kazakhstan central bank suspends BTA Bank's currency exchange license Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.

23 December 2013

Morgan Stanley sells oil trading assets to Rosneft Investment bank Morgan Stanley Friday announced plans to sell part of its commodity business to Russian oil giant Rosneft for an undisclosed sum.

21 December 2013

Temirbank appoints new CEO The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.

20 December 2013

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