Development Bank of Kazakhstan obtain 500 million euro loan from HSBC
Development Bank of Kazakhstan has signed a 500 mln euro loan agreement with HSBC Bank.
Portugal to end EU-IMF bailout with clean break
Portugal decided to make a clean break from its EU-IMF bailout on Sunday, following in the footsteps of Ireland by forgoing a credit line as it prepares a full return to the credit markets.
Kazakh central bank grants Rakishev permission to purchase BTA Bank
Kazakhstani businessman Kenes Rakishev has been granted a permission to purchase BTA Bank by the National Bank of Kazakhstan.
Nazarbayev discusses cooperation with Asian Development Bank
President Nazarbayev has met with the President of the Asian Development Bank (ADB) Takehiko Nakao to discuss future cooperation.
Kazakh banks misusing National Fund money to be fined
Chairman of Damu Fund Lyazzat Ibragimova said that banks would face penalties in case they misuse the National Fund's resources.
KEGOC might float stock this December
KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.
Kazakhstan to halve its banks in 5 years: opinions
Only core banks will remain in Kazakhstan in five years, that is, about 15-20 banks will remain in Kazakhstan by 2019.
Nursultan Nazarbayev and EDB Chairman meet in Astana
Nursultan Nazarbayev and Igor Finogenov, Chairman at Eurasian Development Bank, discussed the bank's operations in Kazakhstan.
Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov
The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.
Kazakhstan to cooperate with Bahrain in aluminum production
Kazakhstan and Bahrain have signed a memorandum on cooperation in aluminum production at the Bahrain-Kazakhstan: Strategic Partnership business forum.
Kazakhstani banks reduce external debt by $2.4 billion
Kazakhstani banks have reduced their external debt by $2.4billion.
S.Korea opens spot market for physical gold trade
South Korea launched a gold trading exchange for the first time on Monday in a bid to help counter the country's burgeoning black market in the precious metal.
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.
Huge price hikes for Brazil World Cup hotels
Football fans heading to Rio for the World Cup will have to pay at least double the going rate for hotel accommodation despite government attempts to limit price-gouging during the tournament.
Kazakhstan wants to bring $6 billion out of shadows of its economy
The Government of Kazakhstan is considering a package of countermeasures against its off-the-books economy for 2014-2015.
Hillary Clinton aide linked to illegal campaign op: report
A campaign finance scandal has ensnared a Hillary Clinton aide who court papers show secured illegal funding for a 2008 campaign operation.
Warning bells as Portugal urged to exit bailout without buffer
With Portugal's 78-billion-euro IMF-EU aid programme about to come to an end, its creditors are not only expecting the country to exit its massive bailout on May 17, but urging it to do so without a safety net.
Kazakhstan Government fails to force businessmen to embrace non-cash transactions
Kazakhstan Government has failed to force businessmen to start relying on non-cash transactions.
Japan says Bitcoin not a currency, but taxable
Bitcoin is not a currency but transactions involving it should be "subject to taxation", Japan's government said Friday, in a move that could pave the way for formal regulations on the troubled virtual unit.
TAIB Bank changes name to Capital Bank
TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.