News about National Bank
Rumors of currency devaluation born in beauty parlors and taxis: Gregory Marchenko, Governor of the National Bank
According to him, with the current prices for commodities the tenge is posed to strengthen.
12 October 2011 17:30
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 16:36
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 12:29
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 01:15
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 12:21
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 09:06
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 10:07
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 14:17
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 09:03
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 18:47
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 12:47
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 01:13
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 13:55
Kazakhstan’s banks see growing demand for consumer loans
According to the National Bank, 47% of the country’s banks saw intensified demand for mortgages.
02 August 2011 13:18
National Bank outlines major provisions of the recently adopted law on e-money
The draft was signed into law by President Nazarbayev July 21.
29 July 2011 02:37
Kazakhstan banks’ assets total $87 billion as of July 1
Banks’ loan portfolio totaled $64 billion.
28 July 2011 04:30
National Bank Governor Gregory Marchenko in favor of obligatory real estate insurance
According to him, the reason why insurance schemes are not popular is mentality of public at large.
10 July 2011 11:01
Don’t put all eggs in one basket: National Bank Governor Gregory Marchenko
According to him, it’s advisable to keep 50% of your savings in tenge with the other 50% kept in some other currency chosen at your own discretion.
08 July 2011 16:08
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