Bloomberg The Kazakh bank that received one of the country’s biggest bailout packages in recent years has paid out about $430 million in dividends, including from profits booked before the rescue. First Heartland Jusan Bank, known as Tsesnabank before it was bought by a fund set up by leader-for-life Nursultan Nazarbayev, resumed payouts in 2020, regulatory filings show. In 2018 ...

Bloomberg Bank of Baroda plans to raise 50 billion rupees ($690 million) from sales of shares and bonds after posting an unexpected loss in fourth quarter. India’s state-run lender’s borrowing plan includes raising as much as 20 billion rupees through a sale of shares and up to 30 billion rupees via bonds that qualify as capital, according to an exchange ...

Bloomberg A proposal by the Swedish central bank intended to address liquidity shortages in the country’s corporate bond market has been met with disbelief by a number of asset managers. The Riksbank last week repeated its call to improve the market’s functioning but added a new demand: revise the regulatory framework so corporate bond funds “cannot offer daily redemptions,” according ...