The Governor of the Central Bank Kairat Kelimbetov aims to decrease non-performing loans to 10% by January 1 2016.
Kazakhstan and Bahrain have signed a memorandum on cooperation in aluminum production at the Bahrain-Kazakhstan: Strategic Partnership business forum.
Head of State gave a number of instructions to the National Bank and the Government to reduce the share of NPLs, accelerate introduction of Basel III standards, and strengthen safeguards to protect the rights of consumers of banking products.
We are interested in Bahrain’s practices in this realm as the country is a major center of Islamic finances”, President Nazarbayev said following his talks with King of Bahrain Sheikh Hamad bin Isa bin Salman Al-Khalifa in Astana April 14.
At the meeting of the National Investors' Council Nursultan Nazarbayev declared that private property was inviolable in Kazakhstan.
It’s the first official visit of Sheikh Ḥamad ibn ʿIsā Āl Khalīfah to Kazakhstan.
According to him, there is a moratorium on inspecting small businesses and the officers have no job to do.
This measure will help us bring a big share of business out of shadow, bringing us closer to the transparency level reached in developed economies: President Nazarbayev.
President Nursultan Nazarbayev has spoken about the strategic importance of small and medium-sized business in Kazakhstan at the Foreign Investors Council (FIC) meeting.
President also stressed that the National Bank should develop extra incentives to reduce dollarization of the banking sector.
President is confident that excessive support to businesses on the part of the Government hampers businesses from developing.
Lebanese politician and former Prime Minister Fouad Siniora named Kazakhstan a prime example for other Muslim countries in his letter to President Nazarbayev.
Nursultan Nazarbayev met with ranking officials of the Presidential Administration.
I believe he is the most appropriate candidate to fill in the position. We have deliberately chosen a civilian for the position: President Nazarbayev.
Measures should be taken to calm down the excessively ardent public servants discriminating against candidates seeking public service on the basis of the language the latter speak: President Nazarbayev.
The new leadership of Ukraine is threatening to deprive part of its people of the Ukrainian citizenship and prohibit them from speaking their mother tongue (…) it is unthinkable here in Kazakhstan: President Nazarbayev.
The Parliament has voted for Karim Massimov as the new Head of the Kazakhstan Government.
Prime-Minister of Kazakhstan Serik Akhmetov has resigned. He is the head of the Government so his resignation automatically meant resignation of the Government of Kazakhstan.
Obviously, sending the diplomatic note was driven by overt emotions, rather than common sense: Kazakhstan’s Foreign Minister.
President Nazarbayev has assured that Kazakhstan will not suffer from the economic sanctions imposed on Russia by some of the countries.
- Nursultan Nazarbayev
- Central Bank
- loan portfolio
- National Bank
- Small and middle-sized business
- Foreign Investors Council
- pension fund
- developing countries
- Secretary of State
- Karim Masimov
- Karim Massimov
- Serik Akhmetov
- Foreign Ministry