A Kazakh bank created through the merger of several local lenders with a history of defaults is the latest borrower to raise a high-risk form of bank capital. Investors clamored for the Additional ...
LONDON - J.P. Morgan Securities PLC announced Tuesday that no market stabilisation activities were undertaken for ForteBank JSC’s $400 million bond offering, according to a post-stabilisation notice.
LONDON - ForteBank JSC announced Monday the start of a pre-stabilization period for its new USD benchmark subordinated unsecured AT1 bond offering, according to a press release from J.P. Morgan ...
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Kazakh lender ForteBank is preparing the country’s first additional tier one note after the sovereign printed a five year dollar bond on Tuesday with one of the tightest spreads and lowest coupons in ...
China’s Zijin Mining Group bought RG Gold, a Kazakhstan-based gold miner, in the latest business transaction by billionaire Bulat Utemuratov. RG Gold exploits gold mines in the northern Akmola region ...
Tengrinews.kz – Following the National Bank of Kazakhstan’s decision to raise the base interest rate to 18% on October 10, 2025, the country’s mortgage market is undergoing rapid changes. Banks have ...
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