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National Bank Governor on ways current pension funds could take They can be transformed into asset management companies; they can be transformed into pension funds working with voluntary savings schemes; or they can wind up and exit the market: Gregory Marchenko.

07 February 2013

National Bank Governor on investing pension assets into infrastructure projects Pension savings are to be consolidated into a single pension fund by July 1, 2013.

07 February 2013

Gold coin dedicated to Asian Games sold for $60 thousand The National Bank of Kazakhstan released 20 thousand coins with a nominal value of 5 thousand, 500 and 100 tenge dedicated to the Asian Games.

01 February 2013

Kazakhstan boosting share of gold in gold and FX reserves According to National Bank Vice Governor Bissengali Tadzhiyakov, the share of gold in the country’s gold and FX reserves stands at 22% at the moment.

29 January 2013

National Bank of Kazakhstan launched online sales of commemorative coins Commemorative coins released by Kazakhstan's central bank mint can now be bought from the National Bank’s online shop.

29 January 2013

Current pension funds could be transformed into asset management companies: Central Bank Governor According to him, the Government is to hire an assessment company to fairly and independently evaluate the assets so that they could be bought out later on at a fair market value.

29 January 2013

National Bank refutes alleged resignation of its Governor Gregory Marchenko According to the Bank’s PR Department, Mr. Marchenko hasn’t filed and doesn’t plan to file in resignation before the tenure expires.

28 January 2013

Central Bank Governor Gregory Marchenko may file in his resignation letter Euromoney’s 2003 central bank governor of the year may quit although his tenure only expires in 2015.

28 January 2013

Central Bank Governor on the upside and downside of the suggested single pension fund According to him, if there is a single pension fund managed directly by the Government or by the National Fund, there will be no deals closed with affiliated companies.

28 January 2013

National Bank shouldn’t act as both the owner and regulator of the single pension fund: Gregory Marchenko President made the decision to the benefit of the nation (…) and it will be brought to life, Central Bank Governor pledged.

28 January 2013

Kazakhstan’s major investor countries and investments destinations announced As of September 30, 2012, the Netherlands were responsible for 1/3 of all the investments into the Kazakh economy ($49 billion), followed by the UK ($24.7 billion) and China ($18.2 billion).

15 January 2013

National Bank released Petroglyphs of Tamgaly commemorative coins National Bank of Kazakhstan released two silver Petroglyphs of Tamgaly coins with a nominal value of 500 tenge.

15 January 2013

Kazakhstan National Bank's 2013 inflation and GDP forecasts According to Kazakhstan National Bank, the country’s inflation will stay within 6-8 percent, while the GDP growth may reach 6 percent.

10 January 2013

Kazakhstan’s gross foreign debt as of September 30, 2012 made up $134.9 billion Foreign debt of the banking sector for the period from January to September 2012 fell down by 3.9% to $14.03 billion.

04 January 2013

National Bank released CSTO commemorative silver coins National Bank released commemorative silver proof quality coins with a nominal value of 500 tenge, dedicated to the CSTO anniversaries.

27 December 2012

President Nazarbayev calls to spend within capacities to bring the budget deficit to its possible minimum We need a favorable tax regime to support industrial production, new technologies and overall industrialization efforts: President Nazarbayev.

14 December 2012

The Year of the Snake commemorative coins released in Kazakhstan The National Bank of Kazakhstan announced release of The Year of the Snake commemorative gold and silver coins.

10 December 2012

Toughening of the country’s retirement legislation may cause social tensions We have to admit the country’s pension system has faced a crisis. Peniosn funds are ineffective in managing the money. Inflation is eating the accumulations, a Majilisman believes.

21 November 2012

Central Bank Governor reports to President Nazarbayev At the meeting they dwelt on ways to expand lending through attracting fund from pension funds, insurance companies and foreign investors.

14 November 2012

Kazakhstan National Bank's gold reserves increased by 30 percent Share of gold in the gold and currency reserves of Kazakhstan's central bank increased by 30 percent from the beginning of the year.

01 November 2012

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