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Kazakhstan banking

Banks in Kazakhstan Give Mergers a Go, Again
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.

A Tough September for Kazakhstan's Banks
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.
Kazakhstan's Top Bank Prepares a Bid to Enter Uzbekistan
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.

Kazakhstan's Small Lenders Suffer Financial Crunch
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.

Kazakhstan’s Financial Restructuring Continues Despite Failed Mergers
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.

With Help from Astana, Banking Deal of the Year Goes Through in Kazakhstan
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.

Restructuring of Kazakhstan's Banking Sector Continues
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.
Kazakh Banks Mull Mergers, Lose Licenses in Major Restructuring
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.

Is a Banking Supergiant in the Making in Kazakhstan?
December 02, 2016

Is a Banking Supergiant in the Making in Kazakhstan?

By Paolo Sorbello
The country's two largest banks -- Halyk Bank and Qazkom -- could merge next year

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