trending Market Intelligence /marketintelligence/en/news-insights/trending/5F3qLphn4bBiBgVen89zBg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Tengri Bank attracts new shareholders via 4.1 billion-tenge capital boost

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Tengri Bank attracts new shareholders via 4.1 billion-tenge capital boost

Kazakhstan-based JSC Tengri Bank increased its authorized capital by 4.09 billion Kazakhstan tenge via the issuance of 3,894,500 new shares with an offering price of 1,050 tenge per share.

Four foreign companies participated in the share offering, which took place between November 2018 and February 2019, the lender said without disclosing the names of the new shareholders.

As of Oct. 1, 2018, Tengri Bank's authorized capital amounted to 22 billion tenge, with Punjab National Bank being the largest shareholder, owning a 44.7% holding in the lender, according to information available on the Kazakhstan Stock Exchange website.

As of March 12, US$1 was equivalent to 377.99 Kazakhstan tenge.