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'Bad bank' deal could be option for several countries: EU banking resolution chief

A state-backed "bad bank" that would take over non-performing loans from a country's banks could also be an option for other countries.

'Bad bank' deal could be option for several countries: EU banking resolution chief
Kairat Kelimbetov. Photo courtesy of www.primeminister.kz
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.

Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov
Photo © RIA Novosti
Kazakhstani banks reduce external debt by $2.4 billion

Kazakhstani banks have reduced their external debt by $2.4billion.

Kazakhstani banks reduce external debt by $2.4 billion
Photo a courtesy of Capital Bank
TAIB Bank changes name to Capital Bank

TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.

TAIB Bank changes name to Capital Bank
IMF on Kazakhstan’s banking sector

According to the IMF, a key task for Kazakhstan is a realistic revision of the banking sector.

IMF on Kazakhstan’s banking sector
By Yaroslav Radlovsky ©
Banks assets stand at $84.6 billion as of April 1

Total deposits grew 3.9% in March, making up $49.5 billion, with 67.8% being deposits of legal entities.

Banks assets stand at $84.6 billion as of April 1

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