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Gregory Marchenko. ©Vladimir Dmitryev
Don’t put all eggs in one basket: National Bank Governor Gregory Marchenko

According to him, it’s advisable to keep 50% of your savings in tenge with the other 50% kept in some other currency chosen at your own discretion.

Don’t put all eggs in one basket: National Bank Governor Gregory Marchenko
REUTERS/Petr Josek Snr©
Aggregate gold and currency reserves of Kazakhstan 24.5% up since January

The figure made up $73.3 billion as of the end of June.

Aggregate gold and currency reserves of Kazakhstan 24.5% up since January
Deputy chairman of Kazakhstan National Bank Daniyar Akishev. Photo by Maksim Popov©
Deputy Chairman of Kazakhstan National Bank does't preclude single currency in CU and CES

Introduction of single currency is possible if we reach a high level of integration and convergence: Daniyar Akishev.

Deputy Chairman of Kazakhstan National Bank does't preclude single currency in CU and CES
Daniyar Akishev. Photo by Yaroslav Radlovskiy©
One third of loans in Kazakhstan banks are "bad"

Share of bad loans - both hopeless and doubtful - exceeds 30 percent: deputy chairman of Kazakhstan National Bank.

One third of loans in Kazakhstan banks are "bad"
Bissengali Tadjiyakov. Photo courtesy of gfss.kz
Kazakhstan and China agree on currency swaps

According to National Bank’s Vice Chairman Bissengali Tadjiyakov, the measure is necessary given the robust growth of the bilateral trade turnover: the current figure stands at $20 billion and is set to triple by 2015.

Kazakhstan and China agree on currency swaps
©The National Bank of Kazakhstan
National Bank issued new 1,000 tenge note to commemorate Kazakhstan's OIC chairmanship

National Bank has issued a new one thousand tenge note on the occasion of Kazakhstan's chairmanship in the Organization of the Islamic Conference.

National Bank issued new 1,000 tenge note to commemorate Kazakhstan's OIC chairmanship
Maira Kichigina. Photo by Sergey Perkhalsky©
Inflation demolishes pension savings in Kazakhstan

Profitability of pension funds does not exceed inflation rate: Maira Kichigina, Deputy Chairman of Narodny Bank Kazakhstan Pension Fund.

Inflation demolishes pension savings in Kazakhstan
Photo courtesy of Kazakhstan National Bank
National Bank to issue new 10-thousand note

Kazakhstan National Bank will issue a new 10-thousand note to commemorate 20th anniversary of Kazakhstan independence.

National Bank to issue new 10-thousand note
By Yaroslav Radlovsky ©
Banks assets stand at $84.6 billion as of April 1

Total deposits grew 3.9% in March, making up $49.5 billion, with 67.8% being deposits of legal entities.

Banks assets stand at $84.6 billion as of April 1