Azamat Joldasbekov has been appointed the new Chairman of the Board of Directors of Temirbank.
Kazakhstan National Bank has suspended the license of Kazakhstan-based BTA Bank for exchanging transactions of foreign currency cash.
Investment bank Morgan Stanley Friday announced plans to sell part of its commodity business to Russian oil giant Rosneft for an undisclosed sum.
The board of directors of Temirbank decided to terminate the CEO Murat Baisynov early.
EU finance ministers Wednesday reached a banking union accord which will hand Brussels unprecedented new powers to prevent failing banks from wrecking the economy, official sources said.
Eurozone finance ministers said early Wednesday they had made progress on a new bank regulatory system, especially on the funding of a mechanism to close failing banks before they damage the economy.
Kazakh billionaire Bulat Utemuratov has finalized the deal to purchase Alliance Bank and Temirbank from Samruk-Kazyna Sovereign Wealth Fund.
Slovenia is to learn later this week if it has enough money to shore up its banks on its own or become the latest eurozone country to need outside help.
Chinese speculators have seen Bitcoin values plunge, soar and plunge again within days, but say the virtual currency's extreme volatility is a profit opportunity despite the white-knuckle ride.
The decision on sale of Temirbank and Alliance Bank will be finalized by the end of the year.
Nurlan Kussainov has resigned as CEO of the Development Bank of Kazakhstan (DBK).
The Bank of Japan on Thursday held off announcing any fresh measures to stimulate the economy, saying it was "recovering moderately" and that efforts to stoke inflation were taking hold.
Kazakhstan is considering adopting a personal bankruptcy law.
Japan's October trade deficit nearly doubled from a year ago, official data showed Wednesday, as soaring post-Fukushima energy bills eclipsed an improving export picture.
Britain's Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs.
Joining the WTO will affect the telecommunication services rates in Kazakhstan.
The Spanish National Court (SNC) has confirmed its decision to extradite Aleksandr Pavlov, the Chief of Security of the former Head of Kazakhstan's BTA bank Mukhtar Ablyazov.
Japan's Mizuho Bank will punish more than 30 executives over revelations that the lender made loans to underworld figures, reports said Friday, in the latest chapter of a headline-grabbing scandal.
Robbers found their way into the office of Temirbank at the crossing of Abay and Auezov streets in Almaty and stole around $240 thousand.
President Barack Obama has nominated economist Janet Yellen to lead the Federal Reserve in a move expected to sustain the central bank's easy money policies and efforts to curb joblessness.
- National Bank
- United States
- Morgan Stanley
- Samruk Kazyna
- European Union
- Central Asia
- Asia Pacific
- Great Britain
- Federal Reserve
- Barack Obama