ALMATY (TCA) — A Share Purchase Agreement was signed on December 30 between Kazakhstan’s Sovereign Wealth Fund Samruk-Kazyna (SK) and Joint Stock

ASHGABAT (TCA) — Authorities in Turkmenistan have restricted the use of hard currencies in the country. Banks in Turkmenistan have stopped

BISHKEK (TCA) — On January 12 the National Bank of the Kyrgyz Republic issued licenses to Kompanion Bank CJSC to conduct banking operations in

ASHGABAT (TCA) — On January 12 the Central Bank of Turkmenistan published on its website a press release on introducing restrictions on free

ALMATY (TCA) — Kazakhstan’s chief banker has said the National Bank of Kazakhstan is not planning any restrictions on operations with cash

ALMATY (TCA) — Kazakhstan’s currency is in a very bad shape. There are various reasons for that, and although President Nazarbayev advises his

ASTANA (TCA) — The Development Bank of Kazakhstan (DBK) said that its subsidiary has funded its first transaction on the terms of Islamic leasing

DUSHANBE (TCA) — The parliament of Tajikistan has approved amendments criminalizing "illegal" hard-currency exchanges.

ALMATY (TCA) — Today in Central Asia several banks bearing fancy names and based in fancy offices have multiplied in places like minor-size

ASTANA (TCA) — The current deficit of tenge liquidity and lack of credit resources in the national currency was the subject of the Kazakh

TASHKENT (TCA) — The government of Uzbekistan has offered for sale state-owned stakes in the country’s two commercial banks, the ...

ALMATY (TCA) — Since the beginning of the property and capital legalization campaign in Kazakhstan through 1 April 2016, Kazakhstanis had

TASHKENT (TCA) — Investors from South Korea in 2016 and 2017 will acquire 15-percent stakes in two large joint-stock commercial banks in

BISHKEK (TCA) — As the number of non-performing loans is growing in Kyrgyzstan, Kyrgyz lawmakers have suggested the National Bank of the Kyrgyz

TASHKENT (TCA) — Fitch Ratings has upgraded the Long-Term Foreign-Currency Issuer Default Ratings (IDRs) of Uzbek Industrial and Construction

ALMATY (TCA) — From the beginning of this year, deposits in the national currency, the tenge, in Kazakhstan banks have increased by 43.8 percent

TASHKENT (TCA) — Moody’s Investors Service is maintaining its stable outlook on the Uzbek banking system, reflecting its expectation that

ASTANA (TCA) — In June 2016 the total volume of loans issued by the banking sector to the economy of Kazakhstan had reached KZT 12.5 trillion.

DUSHANBE (TCA) — As Tajikistan, the poorest among Central Asian post-Soviet republics, badly needs investments, including foreign ones, to

TASHKENT (TCA) — The trust of foreign investors in the banks of Uzbekistan will be strengthened and the latter’s credibility in the international