Kazakhstanis’ Interest in Gold Bars Is Waning
Compared to last month, residents started buying fewer of these
Banks & Finance
EBRD Launches New Program to Support Green Economy in Kazakhstan
Head of the European Bank for Reconstruction and Development (EBRD) explains how this works
The Pandemic Didn’t Stop Kazakhstani Banks from Paying Top Managers with Bonuses
Among the most generous banks are five entities
Kazakhstan Forgives Citizenry for Late Tax Payments
Now, people are free of penalties if taxes are paid in full
Kazakhstan Plans to Increase Its Export of Crops to China
The country already harvested more than half of all grain fields
Kazakhstan Announces Its New Economic Course
According to President Tokayev, the state should be ready to face the current situation in the world market
AIX to be Included in the FTSE Frontier Index Series
The exchange will appear in the FTSE Frontier list of stock market indices in September
What Commercial Banks Will Look Like After COVID-19
The Chairman of the Board of Jýsan Bank, Aybek Kayip, shares his opinion on the future of the Kazakh banking system
Kazakhstani Insurance Market Tries to Re-emerge from the Pandemic
Erlan Burabayev, executive director of the Kazakhstan Financiers’ Association, shares his opinion about the country’s insurance market
Kazakhstan to Expand Trade with Ukraine
The sides are considering ways to increase turnover between the countries
Central Bank of China Pours $101 Billion into Banking System via MFL
The rate for one-year loans was not changed
World’s Largest Hedge Fund Ramps up Investments in Gold
In the second quarter of 2020
COVID-19 Changes Everything Except Interest in Insurance
Kursiv reviewed what types of voluntary insurance are most popular during the pandemic
Kazakhstani National Companies Support Tenge by Their Earnings
Since the end of March, hundreds of millions of dollars were spent for this purpose
National Bank Increases Its Gold and Foreign Currency Reserves
Due to soaring gold prices, the bank's reserves have risen in July by $2.4 billion
Kazakhstani National Pension Fund Opposes Idea to Use Its Money amid Crisis
Pension money can’t be used to cover emergency costs by state, the fund states
What Kassa Nova Will Look Like After Joining Freedom Finance
The bank will operate as custody services provider
Freedom Holding Corp. Acquires the Kassa Nova Bank
Closing of the deal is expected by the end of the year
UN Proposes That Kazakhstan Introduces Basic Income due to COVID-19
The proposal also concerns other developing countries
Kazakhstani Finance Ministry Raises 11 Billion Tenge at KASE
More than half of one-year bonds were bought out by Kazakhstani banks
Halyk Bank Shareholders Have Decided to Make Dividend Payouts
The payments will be made by using retained net income for previous years
Shares of Halyk Bank Slide Down Shortly Before Dividend Payments
This is a common situation when book is closing, analytics says
National Bank of Kazakhstan Cuts Base Rate to 9%
The regulator has also narrowed interest rate collar to +/- 1.5 p.p.
Kazakhstan Provides Economy with More Than $500 Million in Loans
Long-term loans dominate, short-term loans shrink