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Banks & Finance

September 15, 2020

Kazakhstan’s Economic Forecasts Sour for the Next Three Years

Ирина Осипова

Ирина Осипова

Журналист
Photo: Shutterstock.com

Experts expect tenge to weaken and inflation to rise

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September 14, 2020

Kazakhstanis’ Interest in Gold Bars Is Waning

Photo: National Bank of Kazakhstan

Compared to last month, residents started buying fewer of these

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September 11, 2020

EBRD Launches New Program to Support Green Economy in Kazakhstan

Агрис Прейманис

Агрис Прейманис

Photo: Depositphotos/Kudryashka

Head of the European Bank for Reconstruction and Development (EBRD) explains how this works

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September 10, 2020

The Pandemic Didn’t Stop Kazakhstani Banks from Paying Top Managers with Bonuses

Photo: Pixabay

Among the most generous banks are five entities

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September 8, 2020

Kazakhstan Forgives Citizenry for Late Tax Payments

Анастасия Маркова

Анастасия Маркова

Journalist
Photo: Pixabay

Now, people are free of penalties if taxes are paid in full

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September 7, 2020

Kazakhstan Plans to Increase Its Export of Crops to China

Zhanbolat Mamyshev

Zhanbolat Mamyshev

Senior Business News Correspondent zh.mamyshev@kursiv.kz
Photo: Pixabay

The country already harvested more than half of all grain fields

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September 1, 2020

Kazakhstan Announces Its New Economic Course

Анастасия Маркова

Анастасия Маркова

Journalist
Photo: Askar Akhmetullin

According to President Tokayev, the state should be ready to face the current situation in the world market

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August 26, 2020

AIX to be Included in the FTSE Frontier Index Series

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Pexels/Pixabay

The exchange will appear in the FTSE Frontier list of stock market indices in September

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August 24, 2020

What Commercial Banks Will Look Like After COVID-19

Photo: Ophelia Zhakayeva

The Chairman of the Board of Jýsan Bank, Aybek Kayip, shares his opinion on the future of the Kazakh banking system

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August 20, 2020

Kazakhstani Insurance Market Tries to Re-emerge from the Pandemic

Photo: Shutterstock

Erlan Burabayev, executive director of the Kazakhstan Financiers’ Association, shares his opinion about the country’s insurance market

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August 19, 2020

Kazakhstan to Expand Trade with Ukraine

Photo: Trade and Integration Ministry of Kazakhstan

The sides are considering ways to increase turnover between the countries

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August 18, 2020

Central Bank of China Pours $101 Billion into Banking System via MFL

Photo: Pixabay

The rate for one-year loans was not changed

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August 18, 2020

World’s Largest Hedge Fund Ramps up Investments in Gold

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Steve Bidmead / Pixabay

In the second quarter of 2020

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August 14, 2020

COVID-19 Changes Everything Except Interest in Insurance

Ирина Ледовских

Ирина Ледовских

i.ledovskih@kursiv.kz
Photo: Ophelia Zhakayeva

Kursiv reviewed what types of voluntary insurance are most popular during the pandemic

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August 12, 2020

Kazakhstani National Companies Support Tenge by Their Earnings

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Kursiv.kz

Since the end of March, hundreds of millions of dollars were spent for this purpose

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August 11, 2020

National Bank Increases Its Gold and Foreign Currency Reserves

Photo: Shutterstock

Due to soaring gold prices, the bank's reserves have risen in July by $2.4 billion

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August 10, 2020

Kazakhstani National Pension Fund Opposes Idea to Use Its Money amid Crisis

Photo: Kursiv.kz

Pension money can’t be used to cover emergency costs by state, the fund states

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August 7, 2020

What Kassa Nova Will Look Like After Joining Freedom Finance

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: kursiv.kz

The bank will operate as custody services provider

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August 4, 2020

Freedom Holding Corp. Acquires the Kassa Nova Bank

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Kursiv.kz

Closing of the deal is expected by the end of the year

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July 30, 2020

UN Proposes That Kazakhstan Introduces Basic Income due to COVID-19

Photo: Askar Akhmetullin

The proposal also concerns other developing countries

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July 29, 2020

Kazakhstani Finance Ministry Raises 11 Billion Tenge at KASE

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Askar Akhmetullin

More than half of one-year bonds were bought out by Kazakhstani banks

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July 24, 2020

Halyk Bank Shareholders Have Decided to Make Dividend Payouts

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Kursiv.kz

The payments will be made by using retained net income for previous years

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July 23, 2020

Shares of Halyk Bank Slide Down Shortly Before Dividend Payments

Динара Бекмагамбетова

Динара Бекмагамбетова

Photo: Oleg Spivak

This is a common situation when book is closing, analytics says

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July 21, 2020

National Bank of Kazakhstan Cuts Base Rate to 9%

Photo: Askar Akhmetullin

The regulator has also narrowed interest rate collar to +/- 1.5 p.p.

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