- Press Releases
- Media Coverage
- Events
- News Room
- Press Materials
National Bank boost capital of Deposit Insurance Fund by 80%
Almaty, June 26
The National Bank contributed 14 bl tenge (120.77/$1) to increase the registered capital of Deposit Insurance Fund to 30 bl tenge
The increase in the fund capital is expected to build up people's trust in the banking system, the National Bank said in a press release.
Deposit Insurance Fund was established in 1999 to protect bank customers in case of the bankruptcy of a member of the deposit insurance system and maintain stability within the banking sector. Since its establishment the fund paid compensations to the clients of Komir Bank, Nauryz Bank and Valyut-Transit Bank. Currently 34 banks are the members of the deposit insurance system.
News
- 1 August 2008RFCA purchased stake in KASE from National Bank
read more... - 30 July 2008IMF gloom over 'fragile' markets and global risk, FT
read more... - 18 July 2008Fitch: Kazakhstan's externals improving, but banking risks rise
read more... - 16 July 2008Potential Kazakhmys merger won't be "reverse takeover" - Kazakhmys
read more... - 15 July 2008Kazakh fixed capital investments up 12.4% in H1
read more... - 15 July 2008Financial crisis not over yet, worst past, Russian Deputy Finance Minister
read more... - 3 July 2008Sunkar wants to raise $67 ml in AIM IPO
read more... - 30 June 2008Parliament to submit draft law on financial stability
read more... - 30 June 2008Kazakhstan ready to exchange its resources for technologies, investments, President Nazarbaev
read more... - 27 June 2008Kazakhmys commissioned sulphuric acid plant worth $130 ml
read more... - 27 June 2008Too many tax benefits and preferences is a weak point of Kazakhstan's tax system - World Bank
read more... - 26 June 2008Kazakhstan adjusts its priorities for internal policy (Part 2)
read more... - 26 June 2008
National Bank boost capital of Deposit Insurance Fund by 80% - 26 June 2008National Bank lowered minimal reserve requirements by 1% starting from July 29
read more... - 25 June 2008KazMunaiGas to sign an exploration contract for Myortvy Kultuk block with energy ministry
read more... - 25 June 2008Kazakh premier expects boom of local IPO next three years
read more... - 23 June 2008ENRC selling bulk of its alumina to RUSAL - prospectus
read more... - 23 June 2008Moscow Stock Exchange to expand into Belarus, Kazakhstan and Ukraine
read more... - 16 June 2008Kazakh fixed capital investments up 16.1% in the year to May
read more... - 12 June 2008RAM Holdings buys 15% stake in RFCA Rating Agency
read more... - 12 June 2008Kazyna supports idea of organizing ferrous scrap recycling market in Kazakhstan
read more... - 10 June 2008Kazakhstan Investment Fund Invests 2 bl tenge in Maklakovskiy Sawmill
read more... - 10 June 2008Kazakhmys to buy 7.66% of ENRC from government
read more... - 10 June 2008National Bank to sell its stake in KASE to RFCA
read more... - 3 June 2008Kazakh government revises forecast for GDP growth for 2009-10 downward
read more... - 28 May 200Visor Capital UK LTD becomes a member of the London Stock Exchange
read more... - 21 May 2008Buffett says effects of crisis
‘far from over’
read more... - 20 May 2008Kazyna Capital Management plans to organize about ten private equity funds during the next year and a half
read more... - 20 May 2008Commercial banks require less liquidity support now, says NBK chief
read more... - 19 May 2008Kazyna Capital Management, Ithmaar Bank B.S.C. set up investment fund for CIS power projects
read more... - 18 May 2008EBRD ready to invest $1 bl in Kazakhstan in 2008
read more... - 16 May 2008Kazakhstan’s GDP growth in 2008 to match earlier forecasts
read more... - 16 May 2008Kazakh fixed capital investments soar 14% over 4 months
read more... - 14 May 2008Money stock in Kazakhstan grew 3.5% in March, 4% year to date
read more... - 14 May 2008National Bank forecasts no currency fluctuations by mid-year
read more... - 12 May 2008Kazakhmys rejects ENRC offer
read more... - 30 April 2008Although banks' asset quality continues to deteriorate the problems are Manageable
read more... - 25 April 2008President content with sate agencies’ efforts to ensure financial stability
read more... - 23 April 2008Europe's emerging markets
most vulnerable to global credit squeeze - S&P
read more... - 16 April 2008FSA chief forecasts collective investment schemes boom in mid-term
read more... - 15 April 2008Total net profit of Kazakh commercial banks decreased 46.8% in Q1
read more... - 9 April 2008Money stock in Kazakhstan increased 1.2% in February
read more... - 8 April 2008Kazakh law may be amended to allow the government to act as bank shareholder, even sole shareholder – FSA
read more... - 8 April 2008Foreign capital share in banking sector to be rising in 2008, FSA chief
read more... - 29 February 2008PBN Company expects Kazakh IPO expansion in 2008
read more... - 26 February 2008Companies from RF and CIS countries in year 2008 may borrow $40 bn. during IPO
read more... - 10 January 2008KASE exchange volumes grow by 85% in 2007
read more... -
29 November 2007VISOR Capital obtains FSA license in the UK.
read more... -
19 November 2007KASE mandated financial advisers for the placement of shares.
read more... -
27 September 2007VISOR Capital' JSC wins Euromoney award for 'Best Equity House in Kazakhstan'
read more... -
27 June 2007Frontier Mining Ltd Appoints Visor Capital local financial advisor
read more... -
22 June 2007Trades in shares on KASE reached a record high value of $689.3 million
read more... -
6 June 2007With the release of the new figures for May, Visor Capital is now the biggest broker in Kazakhstan. The results for 2007 give Visor more than 17% of the total market.
read more... -
5 December 2006Kazakhstan and World Bank sign memorandum on extractive industries
read more... -
8 November 2006Regional Financial Center of Almaty taking shape
read more... -
4 October 2006KazMunaiGas Exploration Production IPO completed on KASE and LSE
read more... -
27 September 2006Kazakhstan commercial banks net profits grow 53.6% during first eight months of 2006 ...
read more...