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site.news_by_theme Central Bank

Central Bank Governor Kairat Kelimbetov. © Yaroslav Radlovsky
I only learned about tenge devaluation last night: Central Bank Governor

There can’t have been any leaks as we only made the decision yesterday after the Stock Exchange trades were over: Kairat Kelimbetov.

I only learned about tenge devaluation last night: Central Bank Governor
©REUTERS
Kazakhstan’s Central Bank Governor on Bitcoin

Kazakhstan’s Finance Ministry views Bitcoin as a threat to the country’s banks.

Kazakhstan’s Central Bank Governor on Bitcoin
© tengrinews.kz
Kazakhstan Central Bank Governor on consumer loan rates and NPLs

Kazakhstan Central Bank is negotiating with second-tier banks to reduce the NPLs figure down to 15% by January 1, 2015 from the current 35.8%.

Kazakhstan Central Bank Governor on consumer loan rates and NPLs
© Yaroslav Radlovsky
Kazakhstan’s Central Bank moves to reduce dollarization of economy

The share of tenge-denominated deposits decreased from 70.2% back in December 2012 to 62.6% in December 2013.

Kazakhstan’s Central Bank moves to reduce dollarization of economy
©tengrinews.kz
Central Bank Governor on expediency of the new 20,000-tenge note

Prices can go up pushed by high expectations of the currency devaluation. Let’s not hurry: Kairat Kelimbetov.

Central Bank Governor on expediency of the new 20,000-tenge note
Central Bank Governor Kairat Kelimbetov. ©pm.kz
Kazakhstan's economic model always proves consistent: Kelimbetov

Kairat Kelimbetov, Governor of Kazakhstan's central bank, says that the economic model of Kazakhstan has proved its consistency every time.

Kazakhstan's economic model always proves consistent: Kelimbetov
Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor

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

Pension assets to be fully consolidated in the Q1 2014: Central Bank Governor
©REUTERS
Depositors to play no role in managing pension savings: Central Bank Governor

The compound of the Single Pension Fund’s Managing Board is subject to Kazakhstan President’s approval. It is to include reps of the Government, Central Bank, financial market players as well as independent experts.

Depositors to play no role in managing pension savings: Central Bank Governor
© tengrinews.kz
Kazakhstan’s Central Bank Governor on plans to issue a 20-thousand-tenge note

The issue has nothing to do with devaluation. The new note is being issued to celebrate the 20th anniversary of the Tenge, Kazakhstan’s national currency: Gregory Marchenko.

Kazakhstan’s Central Bank Governor on plans to issue a 20-thousand-tenge note
The retired in Almaty. © Yaroslav Radlovsky
Central Bank Governor Gregory Marchenko refuses to comment on efforts to raise retirement age

According to him, the Government and the Parliament will be responsible for any final decisions.

Central Bank Governor Gregory Marchenko refuses to comment on efforts to raise retirement age
Nursultan Nazarbayev. © Daniyal Okassov
Kazakhstan’s Central Bank Governor tasked with further reforming the pension system

Earlier Tengrinews.kz reported that Mr. Marchenko doesn’t support the World Bank’s suggestion on launching a single pension fund.

Kazakhstan’s Central Bank Governor tasked with further reforming the pension system
Gregory Marchenko. Photo by Vladimir Dmitriyev©
Marchenko among world's top central bankers

Global Finance magazine made a rating of the managers of Central Banks of 50 countries.

Marchenko among world's top central bankers
Gregory Marchenko. ©Vladimir Dmitriyev
Central Bank Governor on the Tenge strengthening

The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.

Central Bank Governor on the Tenge strengthening