Kazkommertsbank JSC

Type: Company
Name: Kazkommertsbank JSC (Kazkommertsbank)
Nationality: Kazakhstan
Web Address: http://en.kkb.kz/
Fact Sheet: Fact Sheet for Kazkommertsbank
First reported 15 hours ago - Updated 15 hours ago - 1 reports

JSC Kazkommertsbank : KKB and BTA announce consent solicitation

BTA Bank and Kazkommertsbank launch consent solicitation17 October 2014 - JSC BTA Bank ("BTA") and JSC Kazkommertsbank ("KKB") are soliciting the consent of the holders (the "Noteholders") of the U.S.$750,000,000 5.50% Notes due 2022 issued by BTA (Reg ... [Published Investegate - 15 hours ago]
First reported Oct 16 2014 - Updated Oct 16 2014 - 1 reports

Kazkommertsbank AO : finances 65 companies for $110.1 million under Damu Fund's program

Kazkommertsbank has financed 65 companies for $110.1 million in the framework of the Damu Fund program for support of small and medium businesses engaged in the manufacturing industry, the bank said."Participation in the state program will allow our customers ... [Published 4 Traders - Oct 16 2014]
First reported Oct 14 2014 - Updated Oct 15 2014 - 2 reports

Kazkommertsbank AO : S&P places Kazkommertsbank ratings on CreditWatch Negative.

Standard & Poor's Ratings Services placed its B long-term issuer credit rating on Kazakhstan -based Kazkommertsbank (KKB) on CreditWatch with negative implications, the rating agency reported. S&P also affirmed the short-term rating at C. At the same ... [Published 4 Traders - Oct 15 2014]
First reported Oct 09 2014 - Updated Oct 09 2014 - 1 reports

Kazkommertsbank Q2 net profit increases

JSC Kazkommertsbank, a provider of commercial banking products and services, has reported that net profit attributable to ordinary shareholders of the parent for the second quarter ended June 30, 2014 was KZT8.73 billion, or KZT11.22 per share, compared ... [Published Individual.com - Oct 09 2014]
First reported Oct 07 2014 - Updated Oct 07 2014 - 2 reports

Kazkommertsbank AO : Net profit of Kazkommertsbank decreases by 6% y/y in H1.

Net profit of Kazkommertsbank decreased by 6% y/y to KZT 13.9bn ( USD 76.4mn ) in H1, the bank has informed. The main reason for the decline was an increase in provisions for bad loans, the bank has said.The bank's net income before impairment of losses ... [Published 4 Traders - Oct 07 2014]
First reported Oct 03 2014 - Updated Oct 03 2014 - 1 reports

JSC Kazkommertsbank : Conference call invitation

JSC Kazkommertsbank ("KKB"'), one of the largest banks in Kazakhstan, will host a conference call to discuss itsThe teleconference call facility can be accessed by dialling:Standard InternationalConference Call Password: KazkommertsbankParticipants should ... [Published Investegate - Oct 03 2014]
First reported Oct 01 2014 - Updated Oct 01 2014 - 1 reports

Kazkommertsbank AO : Net profit of Kazakh Kazkommertsbank decreases by 6% y/y in H1.

Net profit of Kazkommertsbank decreased by 6% y/y to KZT 13.9bn ( USD 76.4mn ) in H1, the bank has informed. The main reason for the decline was an increase in provisions for bad loans, the bank has said.The bank's net income before impairment of losses ... [Published 4 Traders - Oct 01 2014]
First reported Sep 30 2014 - Updated Oct 01 2014 - 3 reports

Kazkommertsbank net profit down by 6% in H1 2014

JSC Kazkommertsbank announced its audited consolidated financial results for the six months of 2014 (January 1 - June 30), the press release of the Bank said September 30. Net interest income before provisions for impairment losses increased by 3% to ... [Published Town Hall - Oct 01 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 1 reports

Kazkommertsbank begins servicing Chinese UnionPay payment cards

ALMATY. Sept 25 (Interfax) - Kazakhstan's Kazkommertsbank has begun servicing Chinese UnionPay International payment cards at its ATMs and POS-terminals, the bank's press office said in a statement on Thursday.The bank intends to start issuing these cards ... [Published Interfax.com - Sep 25 2014]
First reported Sep 25 2014 - Updated Sep 25 2014 - 1 reports

Kazkommertsbank and Kenes Rakishev announce results of the BTA Bank common shares buyback

Release date- 23092014 - Kazkommertsbank, one of the largest banks in Kazakhstan and Central Asia ('the Bank'), and private entrepreneur Mr. Kenes Rakishev announce the completion of the buyback of common shares of BTA Bank ('BTA'), which was announced ... [Published Industrial Info Financials - Sep 25 2014]
First reported Sep 23 2014 - Updated Sep 23 2014 - 1 reports

BTA tender offer results

of the BTA Bank common shares buyback23 September 2014, AlmatyAs a result of the buyback, 11,783,301,082 common shares were purchased from minority shareholders of BTA at the price of 0.24162 tenge per common share. Of this, 11,777,418,751 common shares ... [Published MoneyAM - Sep 23 2014]
First reported Sep 19 2014 - Updated Sep 19 2014 - 1 reports

BTA BANK AO : Kazkom and BTA received awards of J.P.Morgan for high quality of payment processing

Kazkom and BTA received awards of J.P.Morgan for high quality of payment processing 18.09.2014 14:19:22September 18, 2014, New York, Almaty - Kazkommertsbank and BTA Bank received prestigious international banking awards for high quality of payments ... [Published 4 Traders - Sep 19 2014]

Quotes

"Participation in the state program will allow our customers create new jobs in their enterprises, increase production of domestic products" said KKB managing director Adil Batyrbekov
"We affirmed the short-term rating at 'C'. At the same time, we lowered our national scale rating on the bank to 'kzBB' from 'kzBB+' and our rating on its subordinated debt to 'CCC' from 'CCC+'. We placed both ratings on CreditWatch with negative implications."
Chairman of the Board of BTA Bank Magzhan Auezov said the banks have already conducted merging their major committees. "In the near future, we will conduct technical integration of our IT-systems, databases and card accounts" said Auezov noting it is the "hardest job while creating the merger."
"The issue of the first UnionPay International cards by Kazkommertsbank is planned for early 2015, and the relevant technical certificates and permits have already been obtained. In the future, the UnionPay International payment system will be connected to Kazkommertsbank's in-house ePay Internet-acquiring system" according to the statement

More Content

All (26) | News (23) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (3) | Press Releases (0)
sort by: Date | Relevance
JSC Kazkommertsbank : KKB and BTA announce cons... [Published Investegate - 15 hours ago]
Kazkommertsbank AO : finances 65 companies for ... [Published 4 Traders - Oct 16 2014]
Kazkommertsbank AO : S&P places Kazkommertsbank... [Published 4 Traders - Oct 15 2014]
KAZKOMMERTSBANK AO : S&P places Kazkommertsbank... [Published 4 Traders - Oct 14 2014]
Kazkommertsbank Q2 net profit increases [Published Individual.com - Oct 09 2014]
Kazkommertsbank AO : Net profit of Kazkommertsb... [Published 4 Traders - Oct 07 2014]
Kazkommertsbank AO : and BTA Bank merger to for... [Published 4 Traders - Oct 07 2014]
JSC Kazkommertsbank : Conference call invitation [Published Investegate - Oct 03 2014]
Kazkommertsbank AO : Net profit of Kazakh Kazko... [Published 4 Traders - Oct 01 2014]
Kazkommertsbank net profit down by 6% in H1 2014 [Published Town Hall - Oct 01 2014]
Kazkommertsbank net profit down by 6% in H1 2014 [Published HispanicBusiness.com - Oct 01 2014]
1H14 financial results [Published TrustNet - Sep 30 2014]
Kazkommertsbank begins servicing Chinese UnionP... [Published Interfax.com - Sep 25 2014]
Kazkommertsbank and Kenes Rakishev announce res... [Published Industrial Info Financials - Sep 25 2014]
BTA tender offer results [Published MoneyAM - Sep 23 2014]
BTA BANK AO : Kazkom and BTA received awards of... [Published 4 Traders - Sep 19 2014]
EGM Announcement [Published TrustNet - Jun 09 2014]
Result of AGM [Published TrustNet - May 23 2014]
Kazakh banking – devaluation, consolidation and... [Published open Democracy News Analysis - - May 17 2014]
1st Quarter Results [Published TrustNet - May 14 2014]
KKB AGSM announcement [Published TrustNet - Apr 17 2014]
KKB FY 2013 results [Published TrustNet - Apr 08 2014]
EGM announcement [Published TrustNet - Jan 20 2014]
Biography for Sauat M Mynbayev [Published Silobreaker - Nov 12 2011]
Fact Sheet for Astel AO [Published Able2Act - Apr 20 2008]
Fact Sheet for Kazkommertsbank [Published Able2Act - Apr 18 2008]
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