Eurasian Bank
Regulator gives go-ahead to Eurasian Bank acquisition
(SRI) - The Kazakh Financial Supervision Agency (FSA) gave a go-ahead to Eurasian Bank, one of the country’s ten largest banks, to buy Russian Bank Troika Dialog, the financial regulator said in a statement.
Eurasian Bank buys Russian lender
(SRI) - Eurasian Bank, Kazakhstan’s tenth largest bank, has bought for an undisclosed sum a banking subsidiary of Troika Dialog, Russia’s oldest brokerage.
Eurasian Bank considering acquisitions in Kazakhstan, abroad - CEO
(SRI) - Eurasian Bank, Kazakhstan’s tenth largest bank, may buy a mid-size Kazakh bank to increase its domestic market share and is considering strategic acquisitions overseas, the bank’s new CEO Michael Edgemont told Interfax.
Eurasian Bank assets up 30 percent in first half of 2009
(SRI) - Eurasian Bank said on Tuesday its assets grew 29.7 percent to KZT352.807 billion ($2.35 billion) in the first six months of 2009 while its net income fell 81 percent to KZT163 million ($1.1 million) compared to the first half of 2008.
Almaty court suspends and later upholds FSA’s dismissal of ex-CEO of Alliance Bank
(SRI) - After temporarily suspending the decision of the Financial Supervision Agency (FSA) to remove former Alliance Bank CEO Zhomart Yertayev from his new position as the CEO of Eurasian Bank last Friday, the Almaty District Court upheld the FSA’s decision on Monday.
Financial regulator orders dismissal of Eurasian Bank CEO
(SRI) - Kazakhstan’s Financial Supervision Agency (FSA) ordered the dismissal of Eurasian Bank’s chief executive Zhomart Yertayev and deputy chief executive Alexey Ageyev in connection with their activities as former top managers of Alliance Bank.
Eurasian Bank named most reliable bank by Euromoney
(SRI) - Almaty-based Eurasian Bank, Kazakhstan’s ninth largest bank, was named the best managed bank in the CIS and the most reliable bank in Kazakhstan by the Euromoney magazine.
ANALYSIS: Banking: Competition for retail deposits heating up
(SRI) - The shakeup in Kazakhstan’s banking sector may allow smaller, well-capitalized institutions to gain market share at the expense of the large troubled banks.
Eurasian Bank shows interest in BTA Bank
(SRI) - Eurasian Bank, Kazakhstan’s ninth largest bank, has entered the mix of potential acquirers of Samruk-Kazyna’s stake in BTA Bank.
Eurasian Bank’s growth defies trend
(SRI) - Eurasian Bank bucked the trend and reported a significant growth in assets and capital in 2008.
