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site.news_by_theme Central Bank

©REUTERS
Mobile phones to be used to make payments

The new legislation will cover new types of payments. It will set a legal framework for mobile carriers to make payments, using the subscribers’ accounts: Central Bank official.

Mobile phones to be used to make payments
©REUTERS
Kazakhstan’s financial institutions banned from using Bitcoin

There is a tough national legislation to counteract money laundering and banks are not allowed to service transactions involving unidentified parties: Central Bank representative.

Kazakhstan’s financial institutions banned from using Bitcoin
Nimbali with Astana teammates. Photo ©REUTERS
Nibali showcases superiority over opponents at Tour de France: Kelimbetov

The head of Cycling Federation Kairat Kelimbetov summurized ProTeam Astana's performance at the Tour de France.

Nibali showcases superiority over opponents at Tour de France: Kelimbetov
© Tengrinews
Kazakhstan to toughen monetary policies should pressure on Russian ruble persist

Rising inflation rate in Russia may force the National Bank of Kazakhstan to toughen its policies.

Kazakhstan to toughen monetary policies should pressure on Russian ruble persist
©Yaroslav Radlovsky
Rumors of second devaluation in Kazakhstan are speculations: experts

Financial experts have shared their opinions about the possibility of devaluation of the Tenge, Kazakh national currency.

Rumors of second devaluation in Kazakhstan are speculations: experts
Photo ©temirbank.kz
Samruk-Kazyna withdraws from Temirbank

Samruk-Kazyna Sovereign Wealth Fund has completely withdrawn from Temirbank.

Samruk-Kazyna withdraws from Temirbank
A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing. ©Reuters/Petar Kujundzic
China signs yuan accords with France, Luxembourg

China's central bank said it has signed agreements for yuan clearing arrangements with France and Luxembourg, with the aim of promoting greater use of its currency overseas.

China signs yuan accords with France, Luxembourg
Illustration © tengrinews.kz
Kazakhstani pension savings amount to $21 billion

Kazakhstanis had over $21 billion in pension savings as of June 1, 2014.

Kazakhstani pension savings amount to $21 billion
Photo ©REUTERS
No deficit of tenge bills in Kazakhstan: Kelimbetov

Governor of the National Bank of Kazakhstan Kairat Kelimbetov denies rumors about shortages of tenge bills in Kazakhstan.

No deficit of tenge bills in Kazakhstan: Kelimbetov
Photo courtesy of lenta-ua.net
Legitimization of assets to bring billions: Kelimbetov

Central bank aims to legitimate money and assets to ensure an influx of several billion dollars into the banking sector of Kazakhstan.

Legitimization of assets to bring billions: Kelimbetov
Kairat Kelimbetov. Photo courtesy of www.primeminister.kz
Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov

The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.

Non-perfoming loans to go down to 10% by 2016 in Kazakhstan: Kelimbetov
Bulat Utemuratov. Photo ©kursiv.kz
Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank

Kazakhstan businessman Bulat Utemuratov has received a permission from the Central bank to finalize his purchase of Alliance Bank and Temirbank.

Central Bank approves Bulat Utemuratov's purchase of Alliance Bank and Temirbank
Photo © RIA Novosti
Kazakhstani banks reduce external debt by $2.4 billion

Kazakhstani banks have reduced their external debt by $2.4billion.

Kazakhstani banks reduce external debt by $2.4 billion
Kairat Kelimbetov. Marat Abilov©
Central Bank Governor to manage assets of Single Pension Fund

Kazakhstan’s President Nursultan Nazarbayev instructed the Government late January to merge all the pension funds into a single government-owned entity.

Central Bank Governor to manage assets of Single Pension Fund
© tengrinews.kz
Central Bank toughens requirements to borrowers

Earlier Kazakhstan’s President Nursultan Nazarbayev commissioned banks’ heads to reduce the share of NPLs “in any possible ways” to 15% of their portfolio by 2015 and further to 10% by 2016.

Central Bank toughens requirements to borrowers
Kairat Kelimbetov. Marat Abilov©
Central Bank Governor refutes rumors of banks bankruptcies

Misleading wave of sms in the country resulted in deposit run.

Central Bank Governor refutes rumors of banks bankruptcies
Marat Abilov ©
Kazakhstan’s Central Bank Governor calls commoners to count their blessings

I believe Kazakhstanis appreciate the policy pursued by the country’s authorities: many Kazakhstanis got a job, many have started their own businesses; it’s just the start of the way: Kairat Kelimbetov.

Kazakhstan’s Central Bank Governor calls commoners to count their blessings
Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20%

Starting from February 11, 2014 Kazakhstan’s Central Bank decided to stop supporting the tenge exchange rate, decrease currency interventions and stop interference with shaping the tenge exchange rate.

Kazakhstan’s Central Bank Governor on immediacy of the decision to devalue the national currency by 20%
Kairat Kelimbetov.Marat Abilov©
Kazakhstan’s Central Bank Governor glad over his growing publicity in the wake of the 20% currency devaluation

My popularity ratings in my own family had never been so high: Kairat Kelimbetov.

Kazakhstan’s Central Bank Governor glad over his growing publicity in the wake of the 20% currency devaluation
Central Bank Governor Kairat Kelimbetov. ©pm.kz
The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor

The spread in currency exchange transactions should be no more than 2 tenge per each sold or bought US Dollar, Kairat Kelimbetov said.

The new tenge exchange rate is beneficial to the country’s economy: Kazakhstan’s Central Bank Governor