trending Market Intelligence /marketintelligence/en/news-insights/trending/r62djv0irduwt0lmhilkpa2 content esgSubNav
In This List

Capital Bank Kazakhstan mulls 3B tenge capital hike

Blog

Insight Weekly: Bank boards lag on gender parity; future of office in doubt; US LNG exports leap

Blog

Insight Weekly: Job growth faces hurdles; shale firms sit on cash pile; Africa's lithium future

Podcast

Street Talk | Episode 99 - Higher rates punish bond portfolios, weigh on bank M&A

Blog

Insight Weekly: Loan growth picks up; US-China PE deals fall; France faces winter energy crunch


Capital Bank Kazakhstan mulls 3B tenge capital hike

JSC Capital Bank Kazakhstan will increase its authorized capital by 3 billion Kazakh tenge by issuing new shares to sole shareholder Orifjan Shadiev.

The capital hike is aimed at strengthening the bank's liquidity position, it said March 26, without providing information regarding the timing for the planned increase. At the end of 2017, the authorized capital of the bank stood at 17.1 billion tenge, according to its website.

As of March 26, US$1 was equivalent to 319.29 Kazakh tenge.