Kazakhstan
Kazakhstan appoints new deputy
According to a decree from President Nursultan Nazarbayev, Askar Yelemesov was appointed deputy president of the National Bank of Khasakhstan on Wednesday 3 March.
Kazakhstan appoints new central bank chief
Kazakhstan's parliament on Monday 26 January approved Anvar Saidenov, 43, as the new head of the former Soviet Republic's central bank.
Kazakhstan to create financial market regulator
Kazakhstan National Bank Chairman, Grigory Marchenko, has said the central bank has decided to establish a special agency to regulate the Kazakhstan financial market, subordinate to the President, in January 2004, according to a report by the Times of…
Marchenko's prize
Grigori Marchenko, the unassuming but hugely competent governor of the National Bank of Kazakhstan, has received recognition for his instrumental role in turning his country into the most prosperous economy in the region by winning Euromoney's 2003…
Turkey, Kazakhstan sign banking sector memorandum
Turkey's Banking Regulation and Supervision Agency and the central bank of Kazakhstan have signed a memorandum of understanding in the line of the joint goal of ensuring financial system stability, according to the anatolia news agency.
Interview: Grigori Marchenko
In conversation with Benedict Mander, the chairman of the National Bank of Kazakhstan discusses reserve management policy, the importance of oil, and the difficulties in retaining staff at the central bank.
Central banks in transition
– Kazakhstan, Georgia and Turkey –
Kazakh National Bank chief may resign over rouble
A report from the Interfax-Kazakhstan news agency claims that Grigoriy Marchenko, chairman of the National Bank of Kazakhstan is ready to resign if the Russian rouble is adopted as the single currency of Belarus, Kazakhstan, Russia and the Ukraine.
Kazakh central bank lists economic union stages
The National Bank of Kazakhstan has listed the stages necessary for creating an economic zone between Kazakhstan, Russia, Ukraine and Belarus. Chairman of the Bank Grigoriy said the move will undoubtedly benefit Kazakhstan from growing trade between the…
Kazakh national bank to up gold purchases in 2003
The Kazakhstan National Bank plans to increase gold purchases on the domestic market in 2003. The Bank's net gold and foreign currency reserves totalled 2.981bn dollars in December 2002.
Kazakh national bank to pay 50 per cent less tax
The profits tax paid to the state budget by the Kazakh National Bank will be 50 per cent down in 2002 on the 2001 figure, it was reported on 25 November, quoting the bank's chairman, Grigoriy Marchenko.
Kazakh Nat Bank head rejects resignation rumours
KAZAKHSTAN - The chairman of the National Bank of Kazakhstan, Grigoriy Marchenko, has rejected rumours that he would soon resign.
National Bank of Kazakhstan - Annual Report 2001
ANNUAL REPORT - The National Bank of Kazakhstan has published its Annual Report for the year ended 2001.
Kazakhstan's foreign currency, gold reserves up
KAZAKHSTAN - Kazakhstan's foreign currency and gold reserves, including the National Fund's finances and the National Bank's gross foreign currency and gold reserves, have gone up by 1 per cent since the beginning of August, amounting to 4.58bn dollars.
Commercial banker made dep chairman of Kazakh cb
KAZAKHSTAN - A new deputy chairman has been appointed to the National Bank of Kazakhstan. Anvar Saydenov, who is 41, was appointed by Kazakhstan's president, Nursultan Nazarbayev, on the recommendation of the central bank.
Kazakh gold/forex reserves up to $2.65 bln
KAZAKHSTAN - Kazakhstan's net gold and foreign currency reserves grew to $2.650 billion on April 15 from $2.625 billion on 31 March, the central bank said on Wednesday.
Kazakh c bank says expects rating upgrade
KAZAKHSTAN - Kazakhstan's central bank said on Wednesday it expected the country's sovereign credit rating to be upgraded this year and to reach investment rating level next year, paving the way for large scale portfolio investment, reports Reuters.
Kazakh president praises central bank chief
KAZAKHSTAN - President of Kazakhstan Nursultan Nazarbayev has sharply criticized national companies. "National companies have turned into feudal principalities and their leaders into princelings," Nazarbayev told the Cabinet on Thursday. But the…
Kazakh MPs call for c bank no-confidence vote
KAZAKHSTAN - Source Khabar Television. [Presenter] At a plenary sitting of the Majlis [lower house of Kazakh parliament] today, deputies proposed a no-confidence motion against the chairman of the National Bank of Kazakhstan, Grigoriy Marchenko.
New Kazakh dep prem gets seat on Nat Bank board
KAZAKHSTAN - The new deputy prime minister, Karim Masimov, has been appointed the government's representative on the board of Kazakhstan's National Bank.
National bank reserves grew in Kazakhstan
KAZAKHSTAN - Net international reserves of the National Bank of Kazakhstan grew by 6 percent or $146.8 million in October.
Kazakh bank boss cuts beard as deposits top $1 bln
KAZAKHSTAN - Kazakh central bank boss Grigory Marchenko shaved off his beard on Wednesday, 5 September, - fulfilling a vow to sacrifice his whiskers once private deposits in Kazakh banks topped $1 billion, Reuters reports from Almaty.
Kazakh cbank says lower taxes boon for economy
Kazakhstan's central bank on Mar 6, 2001 welcomed an order by the president to cut key taxes and said this was likely to slash inflation, boost bank loans to the economy and help sustain the Central Asian state's growth.
Kazakh c.bank cuts key rate, sees good trends
Kazakhstan's central bank said on Feb 21, 2001 it was cutting its key refinancing rate to an annual 12.5 percent from 14.0 percent to signal continued macroeconomic and financial stability in the Central Asian state.