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ALMATY (TCA) — Kazakhstan’s chief banker has said the National Bank of Kazakhstan is not planning any restrictions on operations with cash foreign currency in the country, Novosti-Kazakhstan news agency reported. Continue reading
ASHGABAT (TCA) — On January 12 the Central Bank of Turkmenistan published on its website a press release on introducing restrictions on free currency exchange in the country. The announcement for print media, however, was offered only in the Turkmen language. The press release is not available on the Russian or English versions of the website. Below is the translation of the announcement, made by the independent website Chronicles of Turkmenistan. Continue reading
BISHKEK (TCA) — On January 12 the National Bank of the Kyrgyz Republic issued licenses to Kompanion Bank CJSC to conduct banking operations in national and foreign currencies. Continue reading
ASHGABAT (TCA) — Authorities in Turkmenistan have restricted the use of hard currencies in the country. Banks in Turkmenistan have stopped selling US dollars but they still buy them, the Alternative News of Turkmenistan website reported on January 12. Continue reading
ALMATY (TCA) — A Share Purchase Agreement was signed on December 30 between Kazakhstan’s Sovereign Wealth Fund Samruk-Kazyna (SK) and Joint Stock Company Kazkommertsbank (KKB) regarding the purchase of 224,353,416.49 shares in Şekerbank T.A.Ş. by KKB which represents 19.37 percent of the share capital of Şekerbank, the press service of KKB said. Continue reading
