Viewing results 1 - 6 of 153
BISHKEK (TCA) — Remittances from Kyrgyz citizens working abroad to their home country grew 21 percent in 2016, Tolkunbek Abdygulov, the head of the National Bank of Kyrgyzstan, told a news conference on February 14. Continue reading
ALMATY (TCA) — Kazkommertsbank (Qazkom), the largest bank by total assets in Kazakhstan, says it is not in any negotiations with the National Bank and the Government of Kazakhstan on bailout. Continue reading
DUSHANBE (TCA) — The lower house of Tajikistan’s parliament on December 21 approved the Government’s plan to issue state-guaranteed securities (promissory notes) for capitalization of the country’s troubled banks, Avesta news agency reports. Continue reading
ASTANA (TCA) — Kazakhstan authorities say they will continue their efforts to prosecute fugitive banker Mukhtar Ablyazov and his associates despite his release from custody in France, RFE/RL's Kazakh Service reports. Continue reading
OSH, Kyrgyzstan (TCA) — Traumatized by a six-year civil war and next door to terror-haven Afghanistan, Tajikistan seems to be a most unlikely place for uppity crime to flourish. Yet, it does. In contrast to most other former Soviet republics, where white collar crime in the private sector and state corruption have developed independently, Tajikistan is an example of endemic fraud in the private sector which originates from embezzlement of state funds. Continue reading
ASTANA (TCA) — Kazakhstan’s commercial banks earned KZT 39.3 billion in July 2016, with the sector’s total profits exceeding KZT 240 billion since the beginning of the year, Ranking.kz reported. Continue reading
