site.news_by_theme Marchenko

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Kazakhstan’s ex Central Bank Governor on e-money

According to Mr. Marchenko, member states of the Customs Union are excessively dependent on foreign payment systems, with introduction of e-currencies by large Western corporations posing a threat to the national security.

Kazakhstan’s ex Central Bank Governor on e-money
Photo ©tengrinews.kz
Different photo of 20-thousand tenge bill

Tengrinews has got hold of another photo of the new 20-thousand tenge bill. It is different from the one demonstrated earlier, but matches the description of the source in minting industry.

Different photo of 20-thousand tenge bill
The design of 20000 tenge. Photo ©tengrinews.kz
20-thousand Kazakhstan Tenge bill unveiled

The design of a commemorative 20-thousand bill was presented to journalists.

20-thousand Kazakhstan Tenge bill unveiled
Gregory Marchenko. © Yaroslav Radlovsky
Reprinting Kazakhstan's new 20,000-tenge bills requires $16 million

The new bill was supposed to be issued November 15 to celebrate the 20th anniversary of the tenge.

Reprinting Kazakhstan's new 20,000-tenge bills requires $16 million
Gregory Marchenko. ©Yaroslav Radlovskiy
Marchenko names reasons behind insufficiency of pensions in Kazakhstan

The larger the pension savings pool is, the more investment tools are needed to secure a sufficiently high yield: Marchenko.

Marchenko names reasons behind insufficiency of pensions in Kazakhstan
Gregory Marchenko. © Yaroslav Radlovsky
Ex Chairman of the Central Bank on excessively protracted merger of pension funds

Shareholders of pension funds involved into the swapping deal are first of all interested in having their missed profit compensated for: Gregory Marchenko.

Ex Chairman of the Central Bank on excessively protracted merger of pension funds
Gregory Marchenko. ©Yaroslav Radlovsky
Ex Central Bank Governor on his decision to quit

Since Kazakhstan gained independence, there have been 6 governors. President assured the Central Bank’s policy wouldn’t be changed: Gregory Marchenko.

Ex Central Bank Governor on his decision to quit
Gregory Marchenko. ©Yaroslav Radlovsky
Gregory Marchenko replaced with Kairat Kelimbetov as Central Bank Governor

Nursultan Nazarbayev elaborated that Mr. Marchenko had been relieved of duties for family reasons.

Gregory Marchenko replaced with Kairat Kelimbetov as Central Bank Governor
Photo courtesy of pm.kz
Kazakhstan Central Bank Governor Gregory Marchenko meets Zhou Xiaochuan, People's Bank of China Governor

One of the items on the agenda was mutual settlements in the Tenge, Kazakhstan’s currency, and the renminbi.

Kazakhstan Central Bank Governor Gregory Marchenko meets Zhou Xiaochuan, People's Bank of China Governor
©REUTERS
Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor

These countries’ currencies are to play a greater role in Kazakhstan’s foreign trade as compared to the role of the US Dollar, he believes.

Kazakhstan’s future is closely linked to Russia and China: Kazakhstan’s Central Bank Governor
Governor of the National Bank of Kazakhstan Gregory Marchenko. ©Yaroslav Radlovskiy
It is best that Ablyazov is tried in Britain or France: Marchenko

t would be best if he is tried in Britain or France, but tried fairly and given the term he deserves, and that the country he is tried in makes sure that he serves the term he is given: Marchenko

It is best that Ablyazov is tried in Britain or France: Marchenko
Photo courtesy of wordpress.com
20% of the Single Pension Fund’s assets to be invested abroad

I am not sure the pension reform is complete before the end of the year: Central Bank Governor.

20% of the Single Pension Fund’s assets to be invested abroad
©REUTERS
Kazakhstan National Bank starts pegging tenge to fx basket

The currency basket is introduced for changing the operational direction in the currency exchange policy: Marchenko.

Kazakhstan National Bank starts pegging tenge to fx basket
Central Bank Governor Gregory Marchenko. © Yaroslav Radlovsky
Central Bank Governor Marchenko on the rumors of currency devaluation

The spring time was quiet, with no such rumors around. Perhaps people have got bored. Unfortunately, in our country such rumors is a way to entertain oneself: Gregory Marchenko.

Central Bank Governor Marchenko on the rumors of currency devaluation
Photo by Yaroslav Radlovskiy©
Marchenko unveiles Kazakhstan women's retirement schedule

Chairman of Kazakhstan National bank Gregory Marchenko has unveiled the schedule of the gradual raise of the retirement age for women in Kazakhstan.

Marchenko unveiles Kazakhstan women's retirement schedule
Central Bank Governor Gregory Marchenko. © Yaroslav Radlovsky
Launch of the Single Pension Fund depends on negotiations between the Government with shareholders of major privately-owned pension funds: Central Bank Governor

Completion of the talks was expected in May-June so that the actual merger could start from July 1. The National Banks expects the talks to be over in August.

Launch of the Single Pension Fund depends on negotiations between the Government with shareholders of major privately-owned pension funds: 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
Kazakhstan’s President Nursultan Nazarbayev. Tengrinews.kz stock photo
Kazakhstan’s President Nursultan Nazarbayev reiterates there are no grounds for tenge depreciation

Kazakhstan’s President Nursultan Nazarbayev has met Gregory Marchenko, the country’s Central Bank Governor.

Kazakhstan’s President Nursultan Nazarbayev reiterates there are no grounds for tenge depreciation
© 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
Central Bank Governor Gregory Marchenko. © Yaroslav Radlovsky
Kazakhstan’s Central Bank on rumors of the Tenge devaluation

For the recent 4.5 years there have been rumors of devaluation more than 15 times: Central Bank Governor Gregory Marchenko.

Kazakhstan’s Central Bank on rumors of the Tenge devaluation