Tag
Kazakhstan banking

April 26, 2022
Kazakhstani Banks Eye the Spoils of Sanctioned Russian Subsidiaries
By Paolo Sorbello
Russian banks operating in Kazakhstan were thriving before the war. Now CenterCredit has bought Alfa-Bank’s assets in Kazakhstan.

October 29, 2021
Kazakh Fintech Giant to Buy Ukrainian Bank
By Paolo Sorbello
Kaspi plans an expansion into Ukraine, friendly elite provide a banking license.

November 25, 2020
Banking Consolidation Continues in Kazakhstan
By Paolo Sorbello
A bank close to Nazarbayev buys a competitor, while smaller lenders continue to fall.

October 16, 2020
Kazakhstan’s Fintech Group Lists in the London Stock Exchange
By Paolo Sorbello
The group that owns Kazakhstan's third-largest bank sold around $1 billion in shares in the London Stock Exchange.

May 07, 2019
Banks in Kazakhstan Give Mergers a Go, Again
By Paolo Sorbello
Three smaller banks in Kazakhstan will decide about a merger this month; meanwhile, large players are poised for changes too.

October 15, 2018
A Tough September for Kazakhstan's Banks
By Paolo Sorbello
Kazakhstan's Central Bank stripped Astana Banki's license, while Tsesnabank benefited from a government reshuffle.

July 23, 2018
Kazakhstan's Top Bank Prepares a Bid to Enter Uzbekistan
By Paolo Sorbello
After buying out its main competitor, Kazakhstan's largest lender could plan to establish a subsidiary in Uzbekistan.

May 11, 2018
Kazakhstan's Small Lenders Suffer Financial Crunch
By Paolo Sorbello
Strongly criticized by the president, some small banks in Kazakhstan are asking for help from the state to withstand a liquidity crisis.

March 22, 2018
Kazakhstan’s Financial Restructuring Continues Despite Failed Mergers
By Paolo Sorbello
After two expected mergers failed, Kazakhstan's banking sector remains profoundly unbalanced, with the Halyk-Qazkom tandem as a hegemon.

July 28, 2017
With Help from Astana, Banking Deal of the Year Goes Through in Kazakhstan
By Paolo Sorbello
After lengthy negotiations, Halyk Bank bought out Qazkom, partially helped by the government's decision to shoulder some of Qazkom's toxic assets.

May 23, 2017
Restructuring of Kazakhstan's Banking Sector Continues
By Paolo Sorbello
Aftershocks of the crisis continue to rock the country's financial sector after a buyout and rumors of another merger.

February 14, 2017
Kazakh Banks Mull Mergers, Lose Licenses in Major Restructuring
By Paolo Sorbello
With a major merger pending, Kazakh banks are rapidly restructuring, getting ready for tougher competition.
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