Why China needs financial center in Nur-Sultan
Can Kazakhstan’s China-backed financial hub boost belt and road funding?
Kairat Kelimbetov
Astana has built a financial field of dreams
In the twenty-first century, countries that traditionally added value by extracting natural resources are doing their best to diversify their sources of income. Financial services are becoming one of the alternatives to oil and gas. As …
Kazakh Stock Exchange starts working in test mode in December
The AIFC Stock Exchange will start test operation in early December, AIC Managing Director Kairat Kelimbetov said. The Shanghai Stock Exchange to become a shareholder. The Nasdaq has signed an agreement to provide …
Daniyar Akishev appointed chairman of Kazakh National Bank
Daniyar Akishev has been appointed the new chairman of the National Bank of Kazakhstan, the Kazakh president's office announced. Akishev's candidacy was unanimously supported. To date, he has served as ...
Chairman of National Bank of Kazakhstan has no plans to resign
The press service of the National Bank of Kazakhstan didn't confirm information about Kairat Kelimbetov's resignation from the post of the chairman of National Bank. "The National Bank of Kazakhstan is operating in normal mode. The chairman ...
IMF welcomes decision to float tenge
The director of the IMF’s Middle East and Central Asia Department, Masood Ahmed, visited Kazakhstan on September 2–4. He met Prime Minister of Kazakhstan Karim Massimov, the ...
Kazakhstan uses Russian experience of de-dollarization
Kazakhstan has followed the path of Russia in the sphere of currency regulation, chairman of the National Bank Kairat Kelimbetov said. According to him, Russia did not just move to a flexible exchange rate formation of the …
Tenge sent free floating
Artificial support for the national currency exchange rate threatens Kazakhstan with bankruptcy under current oil prices
National Bank of Kazakhstan plans to increase bank loans
The head of the Kazakh National Bank, Kairat Kelimbetov, believes that the introduction of a free floating tenge rate will help to ensure that banks will return to active credit activity. "We really hope that banks …
Nazarbayev noted importance National Bank's work during deterioration of budget
The President of Kazakhstan, Nursultan Nazarbayev, during a meeting with the head of the National Bank of the Republic, Kairat Kelimbetov, noted the importance of effective work of the regulator in the …