22 June 2012, 13:29
Above 30% of financial services volume in Kazakhstan should not belong to foreign banks, President
ASTANA. June 22. KAZINFORM "Above 30% of volume of financial services in Kazakhstan should not belong to foreign banks," President Nursultan Nazarbayev told the entrepreneurship development meeting at Akorda.
"The Government and the National Bank should take into consideration that the foreign banks which enjoy more favorable competitive advantages. Let them work but work under equal conditions. Above 30% of volume of financial facilities in Kazakhstan should not belong to foreign banks. It is an obligatory procedure," the President said.
Kazakhstan Development Bank adopts new strategy
ASTANA. KAZINFORM - The Board of Directors of Development Bank of Kazakhstan adopted a new strategy covering the period from 2014 to 2023, the bank's press service reports.
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