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Halyk Bank
Halyk Bank ( kk, Қазақстан Халық Жинақ Банкі, ''Qazaqstan Halyq Jınaq Banki'') is a commercial savings bank in Kazakhstan that also has branches in Kyrgyzstan, Georgia, Russia, Tajikistan and Uzbekistan. Its full Kazakh name translates into English as "Peoples' Savings Bank of Kazakhstan Joint-Stock Company". In Russian-language sources, the bank is often referred to as ''Narodny sberegatelny bank Kazakhstana'' (), the Russian equivalent of the name. The bank is the legal successor of the Soviet-era Sberbank in Kazakhstan, analogous to Sberbank in Russia. Halyk Bank is headquartered in the city of Almaty, which was the country's capital until 1997. Halyk Bank merged with Kazkommertsbank on 27 July 2018. Halyk is Kazakhstan's largest bank with a 35% market share. Due to protests in January 2022 in Kazakhstan, the share of Halyk bank traded at London stock exchange fell 16%. Overview On May 21, 2019, Halyk Bank rose to 1522 place from 1595 last year ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Joint Stock Company
A joint-stock company is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited companies. In t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kazkommertsbank
Kazkommertsbank ( kk, Қазкоммерцбанк, ''Qazkommertsbank'') was the largest private bank in Kazakhstan with a total market share of 24%. Kazkommertsbank merged with Halyk Bank on 27 July 2018. About Kazkommertsbank is a large provider of banking services and other financial products to large and medium-sized corporations in all sectors of Kazakh economy. Its commercial banking business primarily consists of corporate banking, trade and project finance, personal banking, debit and credit card services and foreign currency trading. Its principal activities are the acceptance of deposits and the provision of loans and credit facilities in Tenge and foreign currencies. The Bank is also a major participant in the securities market and the foreign currency market in Kazakhstan. The bank introduced "mini-mobile POS terminals" in 2013 for customers to be able to use a smart phone or tablet computer A tablet computer, commonly shortened to tablet, is a mobile de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On The Kazakhstan Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1923
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Kazakhstan
The Republic of Kazakhstan has a two-tier banking system. Tier One Bank The National Bank of the Republic of Kazakhstan is the central bank of Kazakhstan and presents the upper (first) tier of the banking system of Kazakhstan. The National Bank represents, within the limits of its authority, the interests of the Republic of Kazakhstan in the relationship with the central banks, with banks of other countries, in the international banks and other financial-credit organizations. Second-tier banks All banks operating in the country, except the National Bank of Kazakhstan, represent the second tier of the banking system and are second-tier banks. The legal basis for operation of the second-tier banks is the law «On Banks and Banking in the Republic of Kazakhstan» from August 31, 1995, № 2443. According to this law, a second-tier bank in Kazakhstan is a corporate entity which, irrespective of the form of ownership, carries on business for achieving its main goal of earning profits. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aleksandr Pavlov (politician)
Aleksandr Sergeyevich Pavlov (; born 1 January 1953) is a Kazakhstani politician, economist, financier and banker. He served as First Deputy Prime Minister of Kazakhstan from October 1999 to November 2000 and August 2002 to January 2004, Minister of Finance from October 1994 to February 1998 and from January to August 2002 while serving as Deputy Prime Minister. Biography Early life and education Born in the city of Pavlodar, Pavlov graduated from the Faculty of Finance and Economics of the Kuibyshev Belarusian Institute of National Economy, then, in 1991, from the Academy of Social Sciences under the Central Committee of the CPSU. Career From 1974 to 1975, Pavlov worked as a senior economist in the Department of Financing and Agricultural Control of the Financial Department in the Pavlodar Regional Executive Committee. From 1975 to 1976, he served as an officer in the Soviet Army. From 1976 to 1987, Pavlov was the Deputy Head of the Finance Department, Head of the Planni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nursultan Nazarbayev
Nursultan Abishuly Nazarbayev ( kk, Нұрсұлтан Әбішұлы Назарбаев, Nūrsūltan Äbişūlı Nazarbaev, ; born 6 July 1940) is a Kazakh politician and military officer who served as the first President of Kazakhstan, in office from country’s independence in 1991 until his formal resignation in 2019, and as the Chairman of the Security Council of Kazakhstan from 1991 to 2022. He held the special title as Elbasy (meaning "Leader of the Nation", ) from 2010 to 2022. Nazarbayev was one of the longest-ruling non-royal leaders in the world, having led Kazakhstan for nearly three decades, excluding chairmanship in the Security Council after the end of his presidency. He has often been referred to as a dictator due to usurpation of power and autocratic rule. He was named First Secretary of the Communist Party of the Kazakh SSR in 1989 and was elected as the nation's first president shortly before its independence from the Soviet Union. In 1962, while working as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dinara Kulibaeva
Dinara Nursultanqyzy Nazarbayeva ( kk, Dınаrа Nursultаnqyzy Nаzаrbаеvа, born 19 August 1967) is a Kazakh billionaire heiress, businesswoman and the middle daughter of former Kazakh President Nursultan Nazarbayev. She is married to Timur Kulibayev, a Kazakh oligarch. She is the second richest person in Kazakhstan, with a fortune estimated to be around $3.8 billion. During 2022 Kazakh protests she lost $200 million in fortune according to ''Forbes''. Biography Nazarbayeva was born in Temirtau, Kazakh SSR, Soviet Union. Comes from the Shaprashta clan of the Senior Zhuz. In 1989, she graduated from the Russian Institute of Theatre Arts. In 1998, she received her MBA from KIMEP University. In 2007, she defended her doctoral dissertation on "Methodological foundations of the management of the educational system of international schools." In 2009, she heads the National Education Fund named after Nursultan Nazarbayev. Personal life She is married to Timur Kulibayev i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Timur Kulibayev
Timur Askaruly Kulibayev ( kk, Тимур Асқарұлы Құлыбаев, ''Timur Asqarūly Qūlybaev'', born 10 September 1966) is a Kazakh business oligarch and son-in-law of former Kazakh president Nursultan Nazarbayev. Kulibayev has held several positions in important state-owned enterprises that manage Kazakhstan's natural resources, and has immense influence over the country's hydrocarbon industry."The Kazakhs Want Control" , oilandglory.com; accessed 23 February 2015. oilandglory.com; accessed 23 February 2015. CNN Money He is the fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2022 Kazakh Unrest
The 2022 Kazakh unrest, also known as Bloody January () or the January tragedy (), was a series of mass protests that began in Kazakhstan on 2 January 2022 after a sudden sharp increase in liquefied gas prices following the lifting of a government-enforced price cap on 1 January. The protests began peacefully in the oil-producing city of Zhanaozen and quickly spread to other cities in the country, especially the nation's largest city Almaty, which saw its demonstrations turn into violent riots, fueled by rising dissatisfaction with the government and economic inequality. During the week-long violent unrest and crackdowns, 227 people were killed and over 9,900 were arrested, according to Kazakh officials. Growing discontent with the government and the previous president, Nursultan Nazarbayev, who remained the chairman of the Security Council of Kazakhstan, also influenced larger demonstrations. As there were no popular opposition groups against the Kazakh government, the unrest a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Diplomat
''The Diplomat'' is an international online news magazine covering politics, society, and culture in the Indo-Pacific region. It is based in Washington, D.C. It was originally an Australian bi-monthly print magazine, founded by Minh Bui Jones, David Llewellyn-Smith and Sung Lee in 2001, but due to financial reasons it was converted into an online magazine in 2009 and moved to Japan and later Washington, D.C. The magazine is currently owned by MHT Corporation. History ''The Diplomat'' was originally an Australian bi-monthly print magazine, founded by Minh Bui Jones, David Llewellyn-Smith and Sung Lee in 2001. The first edition was published in April 2002, with Bui Jones as the founding editor and Llewellyn-Smith the founding publisher. The magazine was acquired by James Pach through his company Trans-Asia Inc. in December 2007. Pach assumed the role of executive publisher and hired former ''Penthouse'' editor Ian Gerrard to update its presentation. Nonetheless, the print ed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sberbank
PJSC Sberbank (russian: Сбербанк, initially a contraction of russian: сберегательный банк, translit=sberegatelnyy bank, lit=savings bank, link=no) is a Russian majority state-owned banking and financial services company headquartered in Moscow. It was called Sberbank of Russia until 2015 (currently: Sber). Sberbank has operations in several European nations, primarily post-Soviet countries. By 2022, the bank accounted for about a third of all bank assets in Russia. The bank's rise since 1990s is in part due to its close connections to the Russian government. it was the largest bank in Russia and Eastern Europe, and the third largest in Europe, ranked 60th in the world and first in central and Eastern Europe in ''The Banker''s Top 1000 World Banks ranking. In the world ranking of public companies ''Forbes'' "Global 2000" Sberbank takes 51st place. History Early history Sberbank's history goes back to Cancrin's financial reform of 1841, when a netw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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