Why Kazakhstani tenge won’t fall with Russian ruble
The op-ed of Timur Turlov, CEO of Freedom Holding Corp.
Banks & Finance
Kazakhstan and Sberbank sign share purchase agreement
The national holding of Baiterek has confirmed the deal
US authorities extend license for Sber subsidiary in Kazakhstan
The bank will continue to operate until October
Kazakhstan’s regulator backs the current base rate
He said that the country isn't facing a recession
Baiterek confirms negotiations with Russian Sber
The holding is going to complete the deal with the acquisition of Sber subsidiary in Kazakhstan
DBK is going to support Kazakhstan’s exporting companies
More than $147.5 million will be allocated by the development bank through lending facilities
Real interest rate hits zero in Kazakhstan
The rate can turn into a negative one in the months to come
Development Bank of Kazakhstan is going to make public all final beneficiaries of projects it supports
The bank has changed its internal rules
VTB to pour more money into its subsidiary in Kazakhstan
The bank is going to increase its capital equity
Kazakhstan reports freezing banking assets
Foreign banks have frozen $21.3 million from three banks in Kazakhstan due to sanction requirements
Home Credit Kazakhstan is going to be sold
The potential buyers are top executives of the bank and PPF investment group from the Czech Republic
Alfa-Bank Kazakhstan prepares for renaming
BCC has completed the acquisition of the Russian subsidiary in Kazakhstan
Alfa Bank Kazakhstan to be sold very soon
The bank said that it is in final negotiations with an investor
Sberbank Kazakhstan sells its loan portfolio
Halyk Bank has already bought car loans from Sber
The United States imposes blocking sanctions against Sberbank and Alfabank in Kazakhstan
Russian subsidiaries, however, haven’t revealed yet what it means for their clients
Why base rate increase can cause sharp damage for outlook of Kazakhstan’s economy
According to Timur Turlov, CEO of Freedom Holding Corp.
How national currencies in Central Asia changed in January
In January 2022 the US dollar become a bit cheaper in Uzbekistan and more expensive in Kazakhstan and Turkmenistan. In Kyrgyzstan and Tajikistan, there were no changes in the exchange rates.
How January Events in Kazakhstan May Impact Its GDP
According to the EABR forecast
Pension Fund of Kazakhstan Pulls Its Capital from Halyk Bank
The news appeared once KASE had updated its register
Kazakhstan Imposes Eviction Ban
The government has announced a plan to get over the economic problems
Banker from Latvia Is Going to Spearhead ForteBank
The bank’s board has approved the new CEO
Kazakhstan’s President Talks about Damage During Unrest in the Country
The damage may reach $2-3 billion, he said
Kazakhstan Wants Capital to Not Leave the Country
The authorities have adopted a new algorithm of operations
Kazakhstan Reports $218 Million worth of Damages for Local Business during Unrest
The city of Almaty counts the lion share of these losses