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Finance - страница 75

Financial Supervision and RFCA Commissions created in National Bank Commissions for the Regional Financial Center of Almaty (RFCA) and Financial Supervision are created in Kazakhstan National Bank.

19 April 2011

Kazakhstan’s aggregate gold and currency reserves exceed $ 70 billion Earlier, the National Bank informed that the gold and currency reserves of the National Bank grew 25% for January – March, reaching $ 34.6 billion.

19 April 2011

Kazakhstan Q1 2011 GDP growth stands at 6.5% PM Karim Massimov announced GDP growth of 6.5% in Q1 2011 on his Twitter account today.

11 April 2011

Debtors will no longer be allowed to travel abroad Kazakhstani Ministry of Justice plans to prohibit the exit from the country for those Kazakhstan citizens, who have tax or alimony arrears.

08 April 2011

Clean up of Kazakh banks may start July 1 Introduction of a new mechanism to clean up banks of bad loans needs some amendments into the applicable legislation: Gregory Marchenko, Chairman of the National Bank.

07 April 2011

Kazakh imports grew 10.3% in 2010 In 2010 imports figure stood at $ 30.4 billion, against $ 28.4 billion in 2009.

06 April 2011

Kazakh National Bank issued Olympics-2012 silver coin Kazakhstan National Bank issued an Olympics-2012 silver coin.

06 April 2011

Gold and currency reserves 17% up since start of year Kazakhstan’s gold and currency reserves, including those of the National Bank and the National Fund, make up $ 69 billion as of the end of March.

06 April 2011

World Bank announces grant competition World Bank Country Office has announced launch of a grant competition under the Civil Society Social Development Program worth $ 45,000 for nonprofit, nongovernmental, nonacademic organizations of Kazakhstan.

06 April 2011

TENGRI LIFE

TENGRI TRAVEL

No reason for the tenge’s steep appreciation In 2011 the tenge has strengthened against the US Dollar 1.1%.

31 March 2011

Halyk Bank to buy back its stock Kazakhstan Halyk Bank will buy back 213 million of its common shares from Samruk-Kazyna National Welfare Fund.

31 March 2011

PHOTO: Kazakh National Bank issued SCO Anniversary silver coins Kazakhstan National Bank issued a silver coin on the occasion of the 10th Anniversary of the Shanghai Cooperation Organization.

30 March 2011

Capital flows, monetary challenges focus of G20 This "is the first time that a big emerging country" hosts a G20 meeting. But China's exchange rate system will not be up for discussion.

29 March 2011

Kazakhstan women hit by crisis harder than men The economic crisis affected women worse than men. In 2010 women were getting 1.1-2.1 times less than men.

28 March 2011

No pressure of high oil prices on economy Kazakhstan’s economy is not experiencing pressure of high oil prices, Finance Minister Bolat Zhamishev said.

25 March 2011

Banking sector facing slight losses The sector is facing slight losses due to substantial risk provisions.

25 March 2011

Development Bank of Kazakhstan plans to borrow $2 billion The money will be raised through Eurobonds and loans.

19 March 2011

BoJ pumps another $76 bn into market Bank of Japan has pumped $76 billion in the financial system on Thursday to soothe money markets shaken by Japan's biggest ever earthquake, a devastating tsunami and a nuclear emergency.

17 March 2011

Central Bank Governor reports to Nursultan Nazarbayev on the currency market Since the beginning of the 2011 the National Bank has purchased 6 billion dollars; KZT strengthened 1.25% against USD.

14 March 2011