The Competition Committee allowed a TBC entity to acquire 100% of the classifieds service but prohibited it from imposing its own payment services on users.
The share of cash in card turnover has dropped to a historic low of 12.1%. This marks the first decline in cash withdrawal volumes since 2020.
The regulator has published a draft resolution intended to consolidate mechanisms for dealing with insolvent financial institutions.
Starting June 16, 2026, the Kazakhstani bank will begin charging a fee for depositing Russian currency into individual accounts.
He replaces Saidabror Saidakhmedov, who led the Uzbek bank for the past eight years.
The office is aimed at merchants and shoppers, offering identification for Alif Mobi, currency exchange, and card issuance.
The premium service market is expanding beyond a narrow circle of the ultra-rich. We break down the conditions, entry thresholds, and main services for wealthy clients.
The Uzbek bank has expanded its partnership with the International Islamic Trade Finance Corporation. The funds will support export-import operations and domestic purchases for small businesses under the Murabaha standard.
The national electricity grid operator has applied artificial intelligence to automate oversight, already generating billions of tenge in economic impact.
The company paid 115 billion soums in taxes in the first quarter. The fintech sector is beginning to compete with telecom and aviation in terms of revenue.
Automatic payment monitoring will launch in the country in September 2026: the regulator will lower the rate for legal businesses but start tracking shadow activity by transaction volume.
An electronic procurement platform has been launched as part of the national project to modernize housing, communal services, and energy. The Ministry of Industry and Construction is currently testing an algorithm designed to handle routine document work and the knowledge base.
