In efforts to contain inflation and de-dollarize the economy, National Bank of Kazakhstan raises interest rates on deposits in tenge.
President of Kazakhstan instructed the National Bank to initiate a mechanism of compensation for private fixed-term deposits in tenge.
Single Pension Fund of Kazakhstan might soon allow its depositors to choose investment strategies.
Kazakhstanis are now increasingly relying on services of microfinance organisations due to the shortage of tenge in banks.
The plan for 2015-2016 was developed concertedly with the Government and seeks to ensure macroeconomic stability, develop cashless payments, reducing the shadow economy, and prioritize the national currency over foreign currencies.
He reminded the Central Bank had suggested gradually raising the mandatory net worth from the current $54.6 million to $546 million by 2019.
IdeaLab has calculated the amount of gold reserves and mapped out the gold deposits in Kazakhstan.
TAIB Kazakh Bank has changed its name to Capital Bank Kazakhstan after changing hands.
Kazakhstan's central bank released the tenge into a 'managed free float ín February 2011 and this has brought Kazakhstani depositors to loosing 20% of their savings in dollar equivalent.
The average deposit per Kazakhstani in the H1 2013 stood at $1209, $200 up against the indicator of the H1 2012.
Kazakhstan residents are saving more money on their bank accounts than they officially earn.
We don't see any deposits of Kazakhstan legal entities or individuals in Cyprus banks and our banks have no relations with Cyprus banks: Marchenko.
Cypriot politicians have until Monday to approve a "Plan B" bailout deal with the European Union and International Monetary Fund.
Cyprus authorities suggested introducing a 6.75% non-recurrent tax on deposits under 100 000 Euro and a 9.9% tax on deposits exceeding that amount.
Depositing a certain amount in the name of their child, parents enjoy both the bank’s interest and a special premium from the government.
Japan will launch a survey of its Pacific seabed, an official said Thursday, hoping to find rare earth deposits large enough to supply its high-tech industries and reduce its dependence on China.
With zinc sources drying up and demand forecast to surge, resource hungry China is looking to Canada to approve two giant mines and close the gap -- but environmentalists and roving caribou stand in the way.
Kazakhstan Majilis approved a law to introduce a state educational deposits system in Kazakhstan.
A majority of the deposits is registered in Almaty: over 2.1 trillion tenge ($14 billion) or 45 percent of the total amount.
In the far north of Siberia, Russian scientists have stepped up research on a once-secret deposit of diamonds whose scale dwarfs anything ever discovered and could turn world markets "upside down".
- interest rate
- Central Bank
- National Bank
- Nursultan Nazarbayev
- pension fund
- Central Asia
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