National Bank preparing for e-tenge

Kazakhstan National Bank is working on implementation of e-tenge electronic money system, KazTAG reports citing the Bank's Governor Gregory Marchenko. "National Bank is also taking part in the process of forming up Kazakhstan market of electronic money by rendering required support to the market's participants. Kazakhstan National Bank is working on implementation of e-tenge electronic money system," he said during online-conference on profinance.kz on Thursday, March 15.Marchenko noted that preparatory steps are being made to launch the system. "Details and features of this system will be announced later," he said.