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Central Bank Governor Marchenko on the rumors of currency devaluation The spring time was quiet, with no such rumors around. Perhaps people have got bored. Unfortunately, in our country such rumors is a way to entertain oneself: Gregory Marchenko.

02 August 2013

Launch of the Single Pension Fund depends on negotiations between the Government with shareholders of major privately-owned pension funds: Central Bank Governor Completion of the talks was expected in May-June so that the actual merger could start from July 1. The National Banks expects the talks to be over in August.

29 July 2013

Depositors to play no role in managing pension savings: Central Bank Governor The compound of the Single Pension Fund’s Managing Board is subject to Kazakhstan President’s approval. It is to include reps of the Government, Central Bank, financial market players as well as independent experts.

29 July 2013

Kazakhstan’s Central Bank Governor on plans to issue a 20-thousand-tenge note The issue has nothing to do with devaluation. The new note is being issued to celebrate the 20th anniversary of the Tenge, Kazakhstan’s national currency: Gregory Marchenko.

26 July 2013

Kazakhstan National Bank did not call to raise retirement age: vice-chairman Marchenko expressed his opinion as a citizen and consultant: Bissengali Tadzhiyakov.

13 June 2013

The Government needs up to $600 million to launch the single network of ATMs run by the Central Bank Giving the network of ATMs and ATMs card business to the Central Bank the banks will have to lay off nearly 5 thousand people in the market: Halyk Bank Chairwoman of the Board.

06 June 2013

Central Bank Governor on Kazakhstan’s foreign debt In line with international standards, the figure is less than 16% of the country’s GDP and is no threat: Gregory Marchenko.

06 June 2013

Toxic Assets Fund has been slow to buy out toxic assets: Central Bank Governor Kazakhstan’s banks should sell their NPLs at a reasonable discount (…) they had better not concentrate on such NPLs; let the Toxic Assets Fund deal with them: Gregory Marchnko.

06 June 2013

Central Bank Governor on devaluation of the national currency, the Tenge According to him, since February 2009 the Tenge has grown against the Dollar by 12%.

06 June 2013

Legislation on the single chain of ATMs run by the Central Bank to be drafted by July 1: Central Bank Governor I believe we should work out an option acceptable for most of the country’s banks: Gregory Marchenko.

24 May 2013

Kazakhstan’s Central Bank Governor on single currency within Customs Union It could take us a decade if we build on the Eurozone experience, he believes.

24 May 2013

Central Bank Governor on pension reforms According to Mr. Marchenko, 72% of the current retired people are females with the other 28% being males.

20 May 2013

Kazakhstan might launch a single system of ATMs operated by the Central Bank According to Gregory Marchenko, the Central Bank Governor, the suggested single system of ATMs will enable to cut down the service fee twofold as compared to the current average rate.

14 May 2013

Kazakhstan's balance $1.65 billion in black Kazakhstan's current accounts balance was $1.65 billion in surplus in January-March 2013.

08 May 2013

Kazakhstan's Q1 gold and FX reserves announced The National Oil Fund’s assets as of April 1, 2013 stood at $59.806, 3.53% up against the start of the year.

05 April 2013

Kazakhstan National Bank issues new 2,000-tenge note Kazakhstan National Bank has issued a newly redesigned 2,000-tenge banknote.

29 March 2013

Central Bank Governor believes it’s time local banks turned to external borrowing He reminded that the banking sector’s debt reached its peak back in 2007 making up $47 billion, whereas today the figure stands at $10.6 billion.

06 March 2013

To launch the single pension fund, amendments are to be introduced into 22 laws and 8 Codes: Central Bank Governor Should the amendments be passed in the autumn only, no consolidation could take place.

27 February 2013

Kazakhstan to retain inflation at 6-8 percent Kazakhstan National Bank has approved the Key Monetary Policies of Kazakhstan for 2013.

17 February 2013

National Bank Governor warns against dominance of public bodies reps in the Single Pension Fund Board According to him, in the long run the Government may need money to cover the budget deficit or finance some state-run projects and there might be a temptation to rely on pension savings.

07 February 2013

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