site.news_by_theme National Bank
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
Kazakhstan National Bank released eagle-owl coin with diamond
The National Bank of Kazakhstan has released commemorative Eagle-Owl and Panther coins.
19 October 2012
Kazakhstan’s Central Bank Governor criticizing those taking consumer loans
According to him, people tend to overestimate their earning abilities.
10 October 2012
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
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
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
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
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
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
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