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Kairat Kelimbetov ©pm.kz
Kazakh National Bank Governor reiterates tenge stability

Kairat Kelimbetov reassures the population of Kazakhstan of the stability of the tenge.

Kazakh National Bank Governor reiterates tenge stability
Gregory Marchenko. ©Yaroslav Radlovskiy
Marchenko names reasons behind insufficiency of pensions in Kazakhstan

The larger the pension savings pool is, the more investment tools are needed to secure a sufficiently high yield: Marchenko.

Marchenko names reasons behind insufficiency of pensions in Kazakhstan
Illustration by tengrinews.kz
Almaty and Astana responsible for 30% of Kazakhstan’s pension deductions

Astana and Almaty residents transferred almost 100 billion tenge to pension funds in 7 months of 2013.

Almaty and Astana responsible for 30% of Kazakhstan’s pension deductions
Orazkeldy Kairgeldinov. Photo courtesy of akimat-pvl.gov.kz
Pavlodar to spend 800 million tenge on green region

Pavlodar authorities are planning to make one of the densely populated regions of the city green and energy-efficient in the nearest two years.

Pavlodar to spend 800 million tenge on green region
Zabira Orazaliyeva, Financial Center LLP President. Photo courtesy of rus.azattyq.org
In April 2013 Kazakhstan to launch education savings plans

Halyk Bank, Kazkommertsbank and Temir bank are among the first banks to participate in the state-run program.

In April 2013 Kazakhstan to launch education savings plans
Kazakhstan National Bank. Photo by Yaroslav Radlovskiy©
Pension savings in Kazakhstan grew 20 percent in 2012

Savings in Kazakhstan's pension funds grew 20.1 percent and made 3.2 trillion tenge ($20.7 billion) in 2012.

Pension savings in Kazakhstan grew 20 percent in 2012
Kazakhstan Vice-PM Kairat Kelimbetov. Photo courtesy of pm.kz
Pension savings of Kazakhstan citizens to be consolidated in single pension fund by July 1

Creation of the single pension fund does not mean nationalizing of pension savings: the savings will still be owned by the citizens: Vice-PM of Kazakhstan.

Pension savings of Kazakhstan citizens to be consolidated in single pension fund by July 1
Photo courtesy of kursiv.kz
Kazakhstan residents have almost $32 billion on bank deposits

A majority of the deposits is registered in Almaty: over 2.1 trillion tenge ($14 billion) or 45 percent of the total amount.

Kazakhstan residents have almost $32 billion on bank deposits
France's Hollande outlines sweeping new taxes for recovery
France's Hollande outlines sweeping new taxes for recovery

France's Socialist President Francois Hollande pledged 30 billion euros in new taxes and savings to balance the budget and fund a turnaround in two years, and rejected criticism of dragging his feet.

France's Hollande outlines sweeping new taxes for recovery
Photo courtesy of knickledger.com
'Preferential shares' scandal ruins Spanish savers

The bank called them "preferential stakes", but Inocencio Merino would prefer to have avoided them.

'Preferential shares' scandal ruins Spanish savers

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