Archive
Latest, page 2
Every story on Boards and Capital, newest first.
AIX posts record $562 million monthly turnover, 75 per cent in four lines
The exchange's third-quarter turnover figure of $1.9 billion does not match its monthly updates, which add up to about $832 million.
Air Astana publishes amended governance code after shareholder vote
The announcement names no changed provisions, while the published code lets a non-independent chair lead the board if the company reports the departure.
Foreign holdings of Turkish securities fall to $143.2 billion in four weeks
Most of the $10.2 billion drop came from lower valuations, CBRT data show, while net sales of domestic corporate and bank debt were $1.3 billion.
Freedom Holding re-elects two directors after CFO change, Kelimbetov exit
Controlling holder Timur Turlov owned about 66.5 per cent at the end of July, and the board has six members, four of them classed as independent.
Samruk-Kazyna and Oman Investment Authority plan $150 million joint fund
The sovereign investors agreed to set up the vehicle by the end of 2026 on a parity basis, alongside an oil and gas framework between KazMunayGas and OQ.
Warsaw exchange moves all trading to in-house WATS from NYSE-built UTP
Main Market turnover was PLN 1.9bn on the first session on 5 October, against a September daily average of PLN 2.7bn on the old platform.
ADB signs $200 million results-based loan for Uzbek power distribution
The $371 million programme, co-financed by the World Bank, ties disbursement to seven indicators including board oversight at the national grid company.
GovernanceExplainer
Türkiye's fund investigation rests on a specific article for each step
The legal texts set outer limits of six months for fund liquidations and forced sales of factoring stakes, and two years for each trading ban.
GovernanceAnalysis
Courts and a regulator took control of Destek and PKP Cargo from boards
Control moved in eight days by three legal routes, and the filings show what is left to directors and minority holders.
İşbank names Cahit Çınar chief executive as Hakan Aran moves to Şişecam
Çınar took office on 1 September after the board named him successor, and Adnan Bali remains chairman of an 11-member board, the bank's pages show.
EBRD lends Enerjisa Üretim up to $150 million to refinance short-term debt
The loan to the Sabancı and E.ON joint venture is tied to sustainability targets, but the EBRD did not publish the targets, the tenor or the pricing.
EBRD lends up to €229 million across three Kazakh loans in September
A KZT 102 billion loan to Samruk Energy's Almaty distributor takes about 85 per cent; an agricultural trader and an IT distributor share the rest.
Saudi regulator clears SAR 680 million rights issue for Almasane Alkobra
The CMA approved four equity capital increases in two weeks, including Retal's share issue for a 47.5 per cent Ajdan stake, and cleared new sukuk funds.
Warsaw exchange adds KredoBank chief Jakub Karnowski to supervisory board
An extraordinary meeting on 10 September took the board to seven; the exchange's own table shows the State Treasury with 51.80 per cent of the votes.
InsightAnalysis
Fed minutes point to another US rate rise by year-end
For central banks in Kuwait, Ukraine and Hungary, the minutes reduce the chance that the global backdrop turns supportive before the year ends.
Kazakh issuers list 13.8 billion yuan of bonds, led by sovereign Panda deal
Yuan coupons ranged from 1.82 to 2.8 per cent, and the finance minister signals more borrowing from China next year.
AppointmentsBrief
Etienne Loulergue leaves Komerční banka board as CEO Jan Juchelka steps in
The supervisory board considered the resignation on 1 October; the notice names no successor and no area, four weeks before third-quarter results.
Türkiye's central bank cuts collateral haircuts and eases reserve rules
Lira liquidity for lenders widens and the SME loan growth limit rises from 4.5 to 5 per cent, with the policy rate unchanged at 37 per cent.
AppointmentsBrief
AIFC regulator AFSA appoints ex-ING executive Saida Djarbolova to its board
She is the second independent director named to the Astana Financial Services Authority board since May, with effect from 5 September.
Kuwait holds discount rate at 3.5% as the Fed lifts US rates to 3.75% to 4%
The Central Bank of Kuwait kept its rate on 16 September, citing 9.8% deposit growth and 4.8% credit growth, as the Fed, ECB and Bank of Japan tightened.
QNB's nine-month net profit rises 4% to QAR 13.3bn, or 8% before hyperinflation
Qatar's largest lender grew loans 6% and deposits 2% to the end of September; a call summary puts 2026 profit growth guidance at 4% to 6%.
Capital MarketsBrief
Warsaw lists HANetf's 2x bitcoin notes, taking its exchange-traded products to 48
The two zloty-quoted notes carry a 2% annual fee; ETF and ETN turnover in Warsaw was PLN 531.8m in September, double a year earlier.
Azerbaijan's central bank widens rate corridor, holds refinancing rate at 6.5%
The floor was cut to 5% to revive interbank trading amid excess liquidity, with August inflation at 5.7% and reserves at a record $15.3 billion.
CEECAT Capital's third fund closes first round at €135 million with EIF and EBRD anchors
The manager targets €200 million for buy-and-build deals across central and eastern Europe and Türkiye, and adds Poland as a new market.
Dukhan Bank's nine-month profit holds at QAR 1.19bn as impairments rise 33%
The Qatari Islamic lender's non-performing financing ratio fell to 3.8% from 4.2% at end-2025, and its total capital ratio rose to 19.1%.
Ukraine's central bank lifts key rate to 16% as inflation accelerates to 10%
The NBU raised its rate by 0.5 point on 17 September; September inflation of 10.0% and a $5.4 billion intervention month frame its 29 October meeting.
Uzbekistan's central bank holds policy rate at 14% and reworks FX rate-setting
The Board kept the rate unchanged on 16 September with August inflation at 6.2%, and from 15 September official exchange rates include interbank OTC trades.
GovernanceExplainer
What the AIFC rules require of a board, part 1: the duties every director owes
The AIFC Companies Regulations set who may sit on a board, how directors are chosen and seven duties the articles cannot weaken.
Actis and Mubadala-backed Rezolv signs €561 million, 14-lender loan for Dama Solar
The green project financing for the 1.3 GWp plant mixes ten commercial banks with the EIB, EBRD, IFC and BSTDB, backed by two contracts for difference.
AlRayan Bank names ex-NBB chief Usman Ahmed group CEO as Fahad Al Khalifa steps down
Qatar Central Bank has approved the appointment, but no start date is set; operations head Omar Al Emadi is acting chief executive from 1 October.
