site.news_by_theme finance
KEGOC might float stock this December
KEGOC might float its shares at the People’s IPO in Kazakhstan in December 2014.
29 April 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.
29 April 2014
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.
27 April 2014
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.
18 April 2014
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.
16 April 2014
Kazakhstani banks reduce external debt by $2.4 billion
Kazakhstani banks have reduced their external debt by $2.4billion.
09 April 2014
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.
25 March 2014
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.
17 March 2014
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.
14 March 2014
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.
12 March 2014
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.
12 March 2014
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.
11 March 2014
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.
10 March 2014
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.
08 March 2014
TAIB Bank changes name to Capital Bank
TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.
06 March 2014
Singapore world's costliest city: survey
The soaring cost of cars and utilities as well as a strong currency have made Singapore the world's most expensive city, toppling Tokyo from the top spot.
04 March 2014
Buffett says bitcoin 'not a currency'
The Oracle of Omaha is not a believer in bitcoin.
04 March 2014
Kazakhstan to issue Eurobonds
The Finance Ministry of Kazakhstan is planning to issue eurobonds in 2014.
28 February 2014
Max Petroleum may be up for sale
British Max Petroleum Plc, a Kazakhstan-focused oil and gas exploration and development company, may be on the verge of sale.
26 February 2014
$4 billion worth of food imported in Kazakhstan in 2013
Kazakhstan imported $4 billion worth of food products last year.
25 February 2014