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.
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.
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
Kazakhstan National Bank released eagle-owl coin with diamond
The National Bank of Kazakhstan has released commemorative Eagle-Owl and Panther coins.
Kazakhstan’s Central Bank Governor criticizing those taking consumer loans
According to him, people tend to overestimate their earning abilities.
Kazakhstan’s international reserves grow to $85.5 billion
According to the Central Bank Governor, since the start of the year $2.2 billion has been channeled to fill the National Oil Fund.
Kazakhstan residents prefer loans in tenge
According to the National Bank, of Kazakhstan the share of the loans issued in tenge exceeded 68 percent and made over 6.4 trillion tenge ($42 billion) as of September.
Kazakhstan residents have almost $32 billion on bank deposits
A majority of the deposits is registered in Almaty: over 2.1 trillion tenge ($14 billion) or 45 percent of the total amount.
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 National Oil Fund assets might be used to finance S&MBs
With the assets of the National Oil Fund used to finance S&MBs, the APR could stand at 6-7%.