site.news_by_theme National Bank
It is prematurely to talk of a single currency within the Customs Union: Central Bank Governor
First of all, the member states would have to concert major macroeconomic parameters just like European nations did when formulating Maastricht criteria.
16 March 2012
National Bank preparing for e-tenge
Kazakhstan National Bank is working on implementation of e-tenge electronic money system.
16 March 2012
National Bank purchased 20 tons of gold since November 2011
As of March 1, 2012 the Bank’s gold and currency reserves made up $35.352 billion, with the currency reserves standing at $30.072 billion.
15 March 2012
Central Bank Governor on the Tenge strengthening
The external conditions for Kazakhstan, a commodity exporter, are extremely favorable: Gregory Marchenko.
07 March 2012
Massimov signed joint statement of government and National Bank
Karim Massimov signed a joint statement of Kazakhstan government and the National Bank on the economic policy in 2012.
01 March 2012
$3-3.5 billion of the National Oil Fund money may be injected into investment projects in 2013-2016
In his State of the Nation Address January 27, 2012, President Nazarbayev suggested the National Oil Fund money be used in the form of loans to the national economy rather than kept with foreign banks.
27 February 2012
Kazakhstan’s National Bank becomes a member of the Islamic Financial Services Board (IFSB)
The membership will enable the National Bank to rely on effective support of the Organization to introduce and regulate Islamic financial services in Kazakhstan.
23 February 2012
Prices for real estate in Almaty are not set to drop: Central Bank Governor
In a separate statement he didn’t rule out a possibility of a single currency within the Common Economic Space within 8-10 years’ time.
21 February 2012
National Oil Fund assets to finance projects involving strategic investors: Central Bank Governor
He also stressed that according to the National Bank’s estimates, in 2012 funds of the National Oil Fund may not be needed for such projects.
15 February 2012
Kazakhstan has enough funds to withstand a financial crisis: National Bank Governor
According to him, the major issue how to manage the funds. The management, in its turn, will depend on possible manifestations of the anticipated crisis.
14 February 2012
National Bank slashes key rate
In April the key rate could be slashed even further if the inflation rate remains at the current level: National Bank’s Governor
14 February 2012
National Bank statistics
Assets of the current 38 second-tier Kazakhstan’s banks as of January 1, 2012 made up $86.5 billion, growing by 6.5% throughout 2011.
07 February 2012
Samruk-Kazyna and National Bank refute possible merger of BTA with another bank
Last week a number of media had reported that BTA might merge with another large bank.
18 January 2012
Marchenko explained renewal of 5000 tenge banknote
Renovation of 5000 tenge note is related to introduction of a new series of banknotes called Samruk.
13 January 2012
Commemorative coins issued in Kazakhstan prior to Kunayev anniversary: PHOTO
Commemorative coins dedicated to one hundred anniversary of Dinmukhamed Kunayev, a Soviet public figure, were issued in Kazakhstan.
13 January 2012
PHOTO: Red 5,000 tenge banknote issued in Kazakhstan
A newly-designed five thousand tenge banknote was issued in Kazakhstan on December 30, 2011.
10 January 2012
Individual retail deposit amount guaranteed by the state reaffirmed for 2012
This measures means that in case of a bank winding-up the Deposit Guarantee Fund (owned by the National Bank of Kazakhstan) will compensate each individual depositor for the lost savings within KZT 5 million.
09 January 2012
2011 gold and currency reserves announced
Assets of the National Oil Fund as of the end of December totaled $43.693 billion, 41.04% up against the end of 2010.
09 January 2012
PHOTO: National Bank of Kazakhstan issued New Year coins
The National Bank of Kazakhstan has issued the Year of Dragon commemorative coins with a nominal value of 500 tenge.
26 December 2011
Central Bank Governor on a possible global crisis
We are cautious when managing the assets and I believe the National Bank has been doing it with professionalism: Gregory Marchenko.
08 December 2011