site.news_by_theme National Bank
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
Central Bank Governor calls for a more concerted currency policy within the Customs Union
When speaking of the importance of a single policy, Mr. Marchenko pointed to the substantial difference in volatilities of national currencies of the Customs Union member states against the US Dollar.
09 November 2011
National Bank issued Moose Head coin: Photo
National Bank of Kazakhstan has issued Moose Head and Karaganda commemorative coins.
30 October 2011
National Bank Governor reports to President Nazarbayev
According to Mr. Marchenko, deposits are growing, with deposits shifting from the US Dollar to the tenge.
28 October 2011
National Bank to double the share of gold in gold and currency reserves
When it comes to domestic demand, the Kazakhs have been more interested in silver, according to Mr. Marchenko.
22 October 2011
Over half of Kazakhstanies use bank cards
The number of bank cards holders in Kazakhstan has reached 8.5 million people this year.
30 September 2011
Kazakhstan capable of maintaining stability of the national currency: Central Bank Head
According to him, Kazakhstan’s exporters are in a better position than their Russian counterparts.
22 September 2011
Speculative investors withdrew $3 billion from Kazakhstan in summer: Gregory Marchenko
According to him, the money had been invested to Kazakhstan’s instruments in February – May in hope for the tenge appreciation.
12 September 2011
National Bank to exercise preemptive right to buy out all produced gold for 2-3 years to come
When commenting on the reasons behind the Bank’s decision to exercise its preemptive right to purchase Kazakhstan-produced gold, Mr. Marchenko pointed to lack of transparency in gold exports following the liberalization of the national market of precious metals.
08 September 2011
January – August net gold and currency reserves figures announced
Assets of the National Fund alone as of the end of August stood at $40.35 billion, 30.25% up from the start of the year.
07 September 2011
PHOTO: National Bank issued Al-Farabi and Aldar-Kosse coins
Kazakhstan National Bank issued Al-Farabi golden coin and Aldar Kosse silver coin.
06 September 2011
Kazakhstanis steadily shifting from cash to cards
Most Kazakhstanis (86.4%) believe cashless payments have the future, according to a recent survey carried out by ISAS Agency on behalf of Visa.
02 September 2011
It’s a pity emerging nations couldn’t agree on single candidate for the IMF managing director: Gregory Marchenko
According to him, if emerging nations don’t get prepared properly, the same thing may happen in 5 years’ time.
17 August 2011
National Bank forecasing food prices raise
Kazakhstan National Bank is forecasting an increase of prices for fruits, vegetables, eggs, milk and meat products, clothes, shoes and some of public utilities in Q4 2011.
15 August 2011
Government won’t be restricting prices for housing and growing mortgage rates
Kazakhstan is a market economy, so any attempts on the part of the government to bridle growing prices for housing or mortgage rates are inadmissible: National Bank.
11 August 2011
National Bank suspends licenses of three banks for some banking operations
Senim bank, TAIB Kazakhstan, Credit Altyn and Al Hilal, first Islamic bank in Kazakhstan had their licenses suspended for three months.
11 August 2011
Net gold and currency reserves grow
Net gold and currency reserves of the Kazakhstan’s National Bank grew by 31.44% from January to July, making up $36.3 billion as of the end of July.
06 August 2011
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