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Foreign inflows fuel Sri Lanka recovery: central bank Sri Lanka's economy grew 6.8 percent in the second quarter, up from 6.0 percent last year thanks to foreign cash inflows which helped a recovery.

17 сентября 2013

Chinese offer help to Almaty flea market traders Chinese suppliers have offered to help out the Almaty flea market traders whose goods were damaged in the 5400 sq meter fire days ago.

16 сентября 2013

National Bank releases 5 000 coin dedicated to tenge's 20th anniversary The National Bank of Kazakhstan put into circulation two new commemorative silver coins of 500 and 5 000 tenge nominal value.

10 сентября 2013

US Federal Reserve faces changeover in midstream There's never a good time to change the head of the US central bank, according to Ethan Harris, who wrote "Ben Bernanke's Fed" about the chairman of the Federal Reserve.

08 сентября 2013

Australia's Commonwealth Bank posts record profit Australia's biggest bank, the Commonwealth, on Wednesday posted an eight percent jump in full-year net profit to a record Aus$7.68 billion (US$6.98 billion).

14 августа 2013

Kazakhstan’s AsiaCredit Bank discloses reasons why the National Bank suspends its license for taking in deposits Up to October 30 individuals won’t be able to open deposits or accounts with the Bank, with all the contracts signed with individuals before July 30 being fully valid.

31 июля 2013

Kazakhstan National Bank suspends license of AsiaCredit Bank AsiaCredit Bank's license to accept deposits and open bank accounts for individuals has been suspended.

31 июля 2013

Liechtenstein bank pays millions to settle US tax dispute Liechtenstein's oldest bank said Tuesday it would pay nearly $25 million to settle a dispute with US tax authorities over its suspected role in helping clients dodge US taxes.

31 июля 2013

BTA bank leads in Kazakhstan with 81% of bad loans Kursiv.kz has made a rating of the second-tier banks of Kazakhstan with the highest share of troubled loans.

30 июля 2013

GMAC pays $230 mln to borrowers in foreclosures case GMAC Mortgage, a defunct unit of Ally Financial, will pay $230 million to borrowers as part of a government review of potentially flawed foreclosures.

27 июля 2013

Wells Fargo deposes China's ICBC as world's biggest bank The Industrial & Commercial Bank of China (ICBC) has lost its standing as the world's largest bank by market capitalisation to US-based Wells Fargo.

25 июля 2013

Citi profits jump as investment revenues surge US banking giant Citigroup Monday reported better-than-expected quarterly earnings as strong securities and investment banking revenues helped offset weaker mortgage business and continued US consumer caution.

16 июля 2013

US proposes tougher requirements on largest banks US regulators Tuesday unveiled tough new capital requirements for the nation's eight largest banks in the newest move to strengthen the financial system in the wake of the 2008 crisis.

10 июля 2013

EU ministers agree on new bank rescue rules European finance ministers on Thursday agreed a draft deal on new rules for bank rescues that will only allow bailouts by taxpayers in exceptional cases and shift the burden onto bank owners, creditors and large depositors.

27 июня 2013

US fines 'Hezbollah' bank $102 mn for laundering A Lebanese bank accused of laundering money from drugs and other operations for clients tied to Hezbollah militants agreed Tuesday to pay US authorities $102 million to settle the charges.

26 июня 2013

Moody’s Investors Service on Kazakhstan’s banking sector The banking system outlook remains negative, experts believe, assigning the problem “to the high share of NPLs and weakened lending growth.

26 июня 2013

Halyk Bank may give up on BTA deal The deal to purchase BTA by Halyk Bank may take longer than planned; one shouldn’t rule out the possibility of Halyk Bank giving up on the idea of purchasing BTA in case Kazakhstan Government doesn’t offer concessions in terms of price.

21 июня 2013

British banking needs 'radical' overhaul: study Britain needs a "radical" overhaul of its scandal-hit banks, with reckless bankers facing jail and bonuses deferred for up to ten years.

20 июня 2013

Deloitte fined $10 mn in US laundering case Big accountancy Deloitte was fined $10 million by New York state on Tuesday for its actions in advising Standard Chartered Bank over money laundering.

19 июня 2013

OECD report to help G8 offensive against tax evaders The OECD provided ammunition Tuesday for an expected G8 offensive against tax evasion in a report outlining how to bring about automatic sharing of financial information that would shoot a hole through banking secrecy.

19 июня 2013

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