Kazakhstan’s troubled banking industry faces continued weak asset quality, vulnerable funding, and low capitalization for at least two more years, according to a report published today by Standard & Poor’s Ratings Services.
19/04/2010Read more
The EBRD is providing a US$1.0 million loan to Biyat, the second largest privately-owned brewery operating in Turkmenistan, to support the company’s drive to expand production capacity. Established in 1996, Biyat produces five types of beer in returnable bottles and kegs, and is the only producer of beer in aluminium cans in Turkmenistan.
16/04/2010Read more
The Financial Action Task Force (FATF) held a plenary session in Abu Dhabi, the United Arab Emirates, Jahon news agency reported on 15 April.
15/04/2010Read more
Auction on placement of the state mid-term treasury obligations, issue No. 26055UMFS F from 7 April 2010 (repayment on 4 April 2012, maturity term - 728 days) was held at the Uzbek Currency Market on 7 April 2010.
15/04/2010Read more
Bank Ipak Yuli issued over 101,000 soums payment cards as of 1 April 2010, of which 90,400 cards were issued within the so-called salary project. At the moment, the bank installed over 1,400 POS-terminals at the trade and service points.
14/04/2010Read more
International money transfer system UNIStream started to realize programme on significant reduction of tariff rates to direct outbound remittances from majority of the CIS states. The programme is directed at improving affordability and attractiveness of services for clients.
14/04/2010Read more
General shareholders meeting of Microcreditbank open joint stock commercial bank adopted decision to raise its charter capital of the bank.
14/04/2010Read more
Microcreditbank will hold a presentation for higher education establishments of Uzbekistan on 16 March 2010.
14/04/2010Read more
The European Bank for Reconstruction and Development (EBRD), World Bank Group member IFC, and The Netherlands Development Finance Company (FMO) have joined up with the Asia Debt Management Hong Kong (ADM Capital) to establish a regional fund to invest in midsize companies facing financing difficulties as a result of the financial crisis.
13/04/2010Read more
Credit Standard open joint-stock commercial bank started to introduce system on management with operational risks (SMOR) in line with the requirements of Basel Committee on Banking Supervision (Basel II), the press release of the bank.
13/04/2010Read more
$ 1 | 12697.00 | 0.000% |
1 | 13547.70 | 0.000% |
₽ 1 | 135.05 | 0.000% |