Kazakhstan
Kazakhstan’s central bank announces CBDC pilot
Central bank says it will issue token-based prototype to lenders
Podcast: Fintech likely to gain greater foothold in Kazakhstan post-pandemic
Covid-19 has forced incumbents to innovate, allowing fintech firms to increase presence in the market
People: BoE governor appoints first female private secretary
St Louis Fed appoints new COO; new appointments in Kazakhstan; and more
Fears rise over breakdown in Basel and IFRS standards
Bretton Woods institutions worried about growing divergence in capital and accounting rules
The Belt and Road Initiative 2020 Survey – A more sustainable road to growth?
The third annual Belt and Road Initiative (BRI) survey reveals that central banks view BRI investment as sustainable compared with other forms of external debt, particularly given it is often proportionally less significant. Despite growing global trade…
Transfer season
Trade frictions with the US have caused a mass industrial transfer to China’s neighbours. Zhou Chengjun, IFF Academic Committee member and inspector of the Macro‑prudential Policy Bureau of the People’s Bank of China, says that shouldn’t stop China…
Central banks’ gold buying falls sharply in crisis
New Fed facility may further reduce incentives to buy gold, Hungarian official says
IMF report: Kazakh central bank split is opportunity to boost independence
Central bank needs stronger governance and greater separation from government, staff say
IMF issues warning on Kazakh supervisory overhaul
Authorities should be careful not to undermine the supervisory capacity, staff say
The IFF China Report 2019
Insight and perspectives from the world's leaders, premier policy-makers and financiers
The IFF China Report 2019: The Belt and Road Initiative
Over the past five years, China has invested more than $70 billion in Belt and Road Initiative (BRI) countries, of which there are now in excess of 100. Leading Chinese and international policy-makers explain how BRI efforts are progressing. This section…
The Belt and Road Initiative 2019 Survey – A new driver for globalisation?
The second Belt and Road Initiative (BRI) Survey of 28 central banks reveals that they view the BRI as a major driver of globalisation, with a high percentage of respondents expecting the initiative to provide a significant boost to GDP. So far,…
Kazakhstan cuts interest rates under pressure from president
Cut to 9% comes just days after president ordered change
Kazakhstan’s senate appoints new central bank governor
Change comes after president demands government’s resignation due to poor economic performance
Kazakh president piles pressure on central bank to boost growth
Autocratic ruler berates ministers and central bank chief over banks and growth rates
Outstanding contribution for capacity building: Warren Coats
For extraordinary work with more than 20 central banks in highly challenging circumstances
Central banks built up gold reserves in 2017
2017 sees eighth consecutive year of net purchases
Kazakhstan cuts rates on low inflation and weak demand
Central bank reduces key rate to 9.75% from 10.25%, inflation below forecast in 2017
NBK intervenes as Kazakh banking troubles spread
Central bank moves in to rescue one bank and triggers liquidation of another
Kazakh central bank injects $1.2 billion into four banks
Institutions submitted plans to increase capital and reduce NPLs, says governor
Kazakh central bank to roll out blockchain-based savings
Central bank plans to allow public to directly trade short-term notes
Kazakhstan’s Akishev sets sights on lower inflation
NBK also working on new banking supervision framework
People: Tombini takes FSB committee chair; Al-Wazir moves to IMF
Moves at the FSB and IMF, and Kazakh and UAE sovereign wealth funds
Kazakhstan governor replaced with former deputy
President removes Kairat Kelimbetov from office citing lack of confidence in central bank