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Banks & Finance

Banks & Finance June 3, 2022
Central Asia kazakhstan

Development Bank of Kazakhstan is going to make public all final beneficiaries of projects it supports

The bank has changed its internal rules
Banks & Finance June 3, 2022
kazakhstan russia

VTB to pour more money into its subsidiary in Kazakhstan

The bank is going to increase its capital equity
Banks & Finance May 24, 2022
Central Asia kazakhstan

Kazakhstan reports freezing banking assets

Foreign banks have frozen $21.3 million from three banks in Kazakhstan due to sanction requirements
Banks & Finance May 17, 2022
kazakhstan

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
Banks & Finance May 6, 2022
Central Asia kazakhstan

Alfa-Bank Kazakhstan prepares for renaming

BCC has completed the acquisition of the Russian subsidiary in Kazakhstan
Banks & Finance April 18, 2022
Alfa bank Central Asia kazakhstan

Alfa Bank Kazakhstan to be sold very soon

The bank said that it is in final negotiations with an investor
Banks & Finance April 13, 2022
Central Asia kazakhstan Sberbank

Sberbank Kazakhstan sells its loan portfolio

Halyk Bank has already bought car loans from Sber
Banks & Finance April 7, 2022
Central Asia kazakhstan

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
Banks & Finance March 5, 2022
Sergey Domnin
Central Asia kazakhstan Timur Turlov

Why base rate increase can cause sharp damage for outlook of Kazakhstan’s economy

According to Timur Turlov, CEO of Freedom Holding Corp.
Banks & Finance February 1, 2022
Анастасия Яцун
Central Asia kazakhstan

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.
Banks & Finance January 20, 2022

How January Events in Kazakhstan May Impact Its GDP

According to the EABR forecast
Banks & Finance January 19, 2022
Татьяна Трубачева

Pension Fund of Kazakhstan Pulls Its Capital from Halyk Bank

The news appeared once KASE had updated its register
Banks & Finance January 18, 2022
Zhanbolat Mamyshev

Kazakhstan Imposes Eviction Ban

The government has announced a plan to get over the economic problems
Banks & Finance January 13, 2022
Olga Fominskikh

Banker from Latvia Is Going to Spearhead ForteBank

The bank’s board has approved the new CEO
Banks & Finance January 12, 2022

Kazakhstan’s President Talks about Damage During Unrest in the Country

The damage may reach $2-3 billion, he said
Banks & Finance January 12, 2022

Kazakhstan Wants Capital to Not Leave the Country

The authorities have adopted a new algorithm of operations
Banks & Finance January 11, 2022

Kazakhstan Reports $218 Million worth of Damages for Local Business during Unrest

The city of Almaty counts the lion share of these losses
Banks & Finance December 30, 2021

Goods Turnover Increases between Uzbekistan and Kazakhstan

The turnover has risen by 30%
Banks & Finance December 20, 2021

Kazakhstan Is Going to Launch National Payment System Next Year

There are already four participants in the program
Banks & Finance November 29, 2021
Zhanbolat Mamyshev

Investments to Kazakhstan May Rebound to Pre-Pandemic Levels Next Year

Foreign direct investments in the country are going to reach $20 billion this year
Banks & Finance November 26, 2021

What Benefits Can ‘Google Tax’ Bring to Kazakhstan

The country has embraced a bunch of amendments to the Tax Code
Banks & Finance November 19, 2021

Bank of Russia to Broaden the Freedom Finance Bank’s License

This is the first such case since 2017
Banks & Finance November 18, 2021

Kazakhstan to Allocate More Than $10 Billion to National Defense

Over the period 2022-2024
Banks & Finance November 17, 2021

National Fund of Kazakhstan Prepares to Regain Control of Its Arrested Assets

The appeal court of Belgium canceled the previous decision in favor of Stati
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