trending Market Intelligence /marketintelligence/en/news-insights/trending/Z2Z6BKyM73TIVUO6p80q9A2 content esgSubNav
In This List

Halyk Bank ups capital of Russian subsidiary

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic

Blog

Banking Essentials Newsletter: October Edition


Halyk Bank ups capital of Russian subsidiary

JSC Halyk Savings Bank of Kazakhstan provided a 3 billion ruble capital boost for Russian unit Commercial Bank Moskommertsbank JSC.

The capital increase was completed under the international financial recovery standards and will be finalized by the end of 2019 under the Russian accounting standards, Halyk Bank noted.

As of Dec. 19, US$1 was equivalent to 62.35 Russian rubles.