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Central Asia Banking News. Service for global professionals. Constantly updated news and information about Central Asia Banking.
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Latest Central Asia Banking News

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  • BOCHK signed RMB trade settlement agreements with some ASEAN banks 24 Nov 2009 10:52 GMT
    ... RMB trade settlement agreements with some ASEAN banks HONG KONG, Nov 24, 2009 (Xinhua via COMTEX ... Participating Banks in ASEAN countries include Bank Central Asia, Bank of China Bangkok Branch, Bank ...

  • RBI alerts banks on transactions with Pakistan, Iran, 3 others 24 Nov 2009 01:21 GMT
    ... The Reserve Bank of India (RBI) has alerted banks ... financing of terrorism (CFT) regime of Iran, Uzbekistan, Pakistan, Turkmenistan and Sao Tome and Principe,” the RBI ...

  • Kazakhstan economy may grow 3 pct in 2010-minister 24 Nov 2009 01:04 GMT
    ... NEW YORK, Nov 23 (Reuters) - Kazakhstan's energy-dependent economy could grow as much as ... economy growing 2.4 percent next year. Kazakhstan, Central Asia's biggest oil producer, based the budget on ... year. Despite its energy riches, an overextended banking sector and the economy overall were hit ...

  • Tajik Officials Detain Chinese Man, $150,000 In Cash 24 Nov 2009 07:31 GMT
    ... Tajik Officials Detain Chinese Man, $150,000 In Cash KHUJAND, ... documents showing the origin of the funds. Banks in Tajikistan charge 1.5 percent of the ...

  • Australia: The second anniversary of the Rudd Labor government: appearance and reality 24 Nov 2009 09:04 GMT
    ... criminal operations in the Middle East and Central Asia; backed by the trade unions, Labor’s ... 2008, it bordered on panic. The Australian banking system was plunged into insolvency—exposing the assiduously ... promoted claims that the “Big Four” Australian banks were far more secure than their overseas ...

  • IFC to control over third and fourth certification exams for real estate appraisers in Azerbaijan 24 Nov 2009 15:20 GMT
    ... certification exams for real estate appraisers for mortgage loaning. IFC informed that the corporation will ... of Primary Mortgage Market Development Project in Central Asia and Azerbaijan when the first certification ...

  • Jakarta Shares May See Positive Bounce 24 Nov 2009 02:22 GMT
    ... Gas Negara lost 1.94 percent and Bank Central Asia fell 1.06 percent. Finishing higher, Adaro ... indicated that the government may extend its mortgage backed security purchase plan past its expiration ...

  • GCC's Current Account Surpluses Drop by $50b in 2008 24 Nov 2009 05:16 GMT
    ... Ahmed, Director of IMF's Middle East and Central Asia department, while speaking to reporters after ... in search of better yields. "The central banks and other regulators have learnt from the crisis ...

  • Market overview: Lloyd's takes the lead 24 Nov 2009 15:54 GMT
    ... 15.55: Footsie is now in negative territory following Wall ... in the top ten performers and Xstrata, Kazakhmys and Vedanta Resources are all lower. FTSE ... a lower start on Wall Street. Lloyd's Banking is now the top riser after saying ...

  • Market overview: US growth figure revised downward 24 Nov 2009 14:34 GMT
    ... The US economy grew 2.8% in the third quarter, not ... is today's best performer, joined higher by Kazakhstan's ENRC and platinum miner Lonmin. FTSE 100 ... (see below) said the reluctance of the banking industry to join the rest of the ...

  • Fighting for Chairs 24 Nov 2009 11:10 GMT
    ... Governments want cash. Commodities – led by gold – ... when you're a net capital importer, your banking system is not nearly as healthy and ... Russia, China and Brazil, and China and Kazakhstan. Do you notice a pattern here? The ...

  • Kash Mart Extends its Global Reach with New Web-based Remittance System 24 Nov 2009 04:30 GMT
    ... – Kash Mart International ("KMI"), the world’s largest private retail electronic ... Money Transfer can be initiated include internet banking, Automatic Teller Machines (ATM), self-service kiosks, in ... China, including Hong Kong; Georgia; India; Indonesia; Kazakhstan; Malaysia; Russia; Singapore; Sweden; Ukraine; and the ...

  • Positive US housing data pushes FTSE into the black 24 Nov 2009 12:31 GMT
    ... London's blue chip share index soared almost 2 per ... The shares added 101/4p to 3141/2p. Lloyds Banking Group rose 33/8p to 911/2p. The bank ... ICAP ahead 187/8p to 439p, Fresnillo, and Kazakhmys ahead 54p to 1320p. The biggest Footsie ...

  • Al-Omar: KFH-Turkey aims to establish partnership with Turkey, Europe, GCC 24 Nov 2009 07:10 GMT
    ... Kuwait Turkish received the licence from the Dubai Financial ... its landmark steps included the first Islamic banking branch licence in Germany and the establishment of Kazakhstan Representative Office, where Kuwait Turkish added a ...

  • World markets rally, gold hits new high 24 Nov 2009 04:32 GMT
    ... World markets rally, gold hits new high World markets ... the central bank should continue to buy mortgage-backed securities after the program is supposed to ... the top of the leader board were Kazakhmys PLC, Lonmin PLC and Rio Tinto PLC. ...


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