site.news_by_theme National Bank

Central Bank Governor Gregory Marchenko. © Yaroslav Radlovsky 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.
08 October 2012
Photo courtesy of profinance.kz 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.
02 October 2012
Photo courtesy of kursiv.kz 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.
02 October 2012
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.
17 September 2012
Photo courtesy of newskaz.ru 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%.
16 August 2012
Photo courtesy of newskaz.ru Central Bank Governor on the tenge and growing demand for the US Dollar Late May the global oil price fell from $120 to $93 per barrel, which entailed weakening of the Russian rouble. Speculations were sparked that Kazakhstan would follow Russia’s example.
08 August 2012
Chairman of Kazakhstan National Bank Gregory Marchenko. Photo by Yaroslav Radlovskiy© Kazakhstan Central Bank Governor on slashing the key rate Mr. Marchenko elaborated that so far the National Bank has no plans to revisit the anticipated inflation corridor of 6-8% downwards for the following year.
08 August 2012
Photo by Yaroslav Radlovskiy© Kazakhstan National Bank slashes key rate The step is related to slowing down in the annual inflation in Kazakhstan: National Bank.
07 August 2012
Photo courtesy of realestate.com.au Kazakhstan slashes the key rate from the current 6% to 5.5% from August 6 In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.
02 August 2012
©REUTERS Kazakhstan’s gross foreign debt as of March 31, 2012 stood at $129.3 billion According to Mr. Marchenko, the debt of the Government and the National Bank make up 4% of the overall debt figure, that is $5.2 billion.
26 July 2012
National Bank’s Governor Gregory Marchenko. © Yaroslav Radlovsky Kazakhstan Central Bank’s Governor on economic prospects The worst scenario envisages measures in case the oil price hits the bottom of $40 per barrel. The Government in partnership with the National Bank have developed respective action plans, incentives to support the economy: Gregory Marchenko.
25 July 2012
Photo courtesy of realestate.com.au National Bank’s Governor doesn’t rule out further slashing down the key rate In the H1 2012 Kazakhstan slashed its key rate three times: in February from 7.5% to 7%, in April from 7% to 6.5% and in June from 6.5% to 6%.
25 July 2012
nnm.ru Kazakhstan to shortly ban Ponzi schemes The country’s General Prosecutor’s Office is drafting amendments [before September 2012] into the national legislation to introduce liability for those starting or running Ponzi schemes.
25 July 2012
Central bank Governor Gregory Marchenko. Vladimir Dmitriyev © National Oil Fund’s average annual earning capacity stands at 4.51% The Fund’s assets in 2011 and the H1 2012 grew by $20.8 billion: National Bank’s Governor Gregory Marchenko.
25 July 2012
Gregory Marchenko. Photo by Vladimir Dmitriyev© Marchenko ready to buy foreign car at his own expense Kazakhstan National Bank will attract Kazakhstan manufacturers for the next cars procurement tender.
09 July 2012
 ©RIA Novosti Economic uncertainty to last for at least another 9 months: National Bank Governor According to him, speculations on a second possible wave of the global financial crisis will be persistent for at least another 9 months until the Bundestag election is over and Eurozone issues are resolved.
05 July 2012
19 out of 29 gold-mining companies pledge to supply gold to the Astana refinery In August 2011 the National Bank announced it would be exercising its preemptive right to purchase gold to be produced within Kazakhstan.
04 July 2012
Governor of the National Bank of Kazakhstan Gregory Marchenko. Photo by Yaroslav Radlovskiy© Annual inflation rate may be below 6% at the end of 2012: National Bank Governor He noted that the lowest inflation rate since 1999 is bolstered by a number of factors, including somewhat decreasing prices for foodstuffs and crude oil.
04 July 2012
© Yaroslav Radlovsky Kazakhstan's gross foreign debt totals $129.3 billion in Q1 According to the National Bank, in the Q1 2012 the foreign debt of the banking sector grew by 1.5% up to $14.823 billion.
02 July 2012
Share of banking services offered by foreign banks shouldn’t exceed 30%: President Nazarbayev According to him, the Government and the National Bank should take into consideration that local banks not always enjoy the same competitive advantage as foreign ones.
22 June 2012

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