National Bank of Kazakhstan

01.02.2023 13:10

National Bank Governor reports to President on Pension Fund, National Fund assets

ASTANA. KAZINFORM President Kassym-Jomart Tokayev has received today Governor of the National Bank of Kazakhstan Galymzhan Pirmatov, Kazinform reports citing the Akorda press office.

13.01.2023 16:10

Inflation hit 20.3% in Kazakhstan in 2022

ASTANA. KAZINFORM - Inflationary expectations continue accelerating in Kazakhstan, Chairman of the country’s National Bank Galymzhan Pirmatov said, Kazinform correspondent reports.

12.01.2023 20:11

Kazakhstan’s National Fund for Children program explained

ASTANA. KAZINFORM - On September 1, 2022, President Kassym-Jomart Tokayev announced an initiative that will direct half of the country’s national fund's investment income to children under 18 years old. More about the program's specifics is in the latest article of Kazinform.

06.01.2023 17:14

7-20-25 mortgage program: Over 65,000 loans issued

ASTANA. KAZINFORM As of January 5 some 65,554 loans worth KZT 873.6 bln were granted in Kazakhstan as part of the 7-20-25 mortgage program, Kazinform reports.

12.12.2022 16:29

National Fund’s assets rise to $55.8bn in 2022

ASTANA. KAZINFORM – Chairman of the National Bank of Kazakhstan Galymzhan Pirmatov reported an increase in assets of the National Fund during an expanded government session, Kazinform correspondent reports.

16.11.2022 16:12

Kazakhstan to issue commemorative coins honoring Zhambyl's 175th anniversary

ASTANA. KAZINFORM The Kazakh National Bank will release tomorrow November 17 the JAMBYL. 175 JYL commemorative coins of the Landmarks and Outstanding People to mark the 175th anniversary of Zhambyl Zhabayev, the bank’s press service reports.

15.11.2022 13:10

Kazakh national currency tenge celebrates 29 years

ASTANA. KAZINFORM Kazakhstan’s national currency tenge celebrates 29 years on November 15. More about the history of the tenge and how it is designed is in the latest article of Kazinform.

04.11.2022 20:14

Kazakhstan releases coins dated to 100th anniversary of Manshuk Mametova

ASTANA. KAZINFORM The National Bank of Kazakhstan released today, November 4, the commemorative coins titled MÁNSHÚK MÁMETOVA. 100 JYL (Manshuk Mametova. 100th anniversary) of the Remarkable events and prominent figures series, the bank’s press service reports.

04.11.2022 13:25

National Bank: Recovery of business activity reported in all sectors, except for production

ASTANA. KAZINFORM In October, process of recovery of business activity in the economy continued. However, the index remains in the negative area for the sixth month in a row. Business activity index rose to 49.1 (48.2 in September) due to an increased volume of new orders and a level of employment in certain sectors, according to Director of the National Bank’s Monetary Policy Department Rustem Orazalin says.

03.11.2022 11:45

Domestic interchange fees to be reduced in Kazakhstan

ASTANA. KAZINFORM The National Bank of Kazakhstan and International payment systems Visa, Mastercard and UnionPay signed an Agreement on the adoption of joint effort to reduce the margin values of rates of interbank fees for non-cash payments using payment cards (the interchange rates), a press release from the National Bank reads.

26.10.2022 18:14

Kazakhstan’s GDP up 2.8% - National Bank

ASTANA. KAZINFORM – Kazakhstan’s GDP grew 2.8% in nine months of this year, National Bank Chairman Galymzhan Pirmatov told a press conference, Kazinform correspondent reports.

11.10.2022 10:58

IMF positively evaluates use of inflation targeting regime in Kazakhstan

ASTANA. KAZINFORM Over the period of September 22 and October 5, the Republic of Kazakhstan hosted an IMF Mission headed by Nicolas Blancher. On the outcomes of the visit, the IMF Mission issued a Concluding Statement, which contains an overview of the current financial and economic development of Kazakhstan, as well as conclusions and recommendations, a press release from the National Bank reads.

16.08.2022 11:41

Food inflation accelerates to 19.7% in Kazakhstan

NUR-SULTAN. KAZINFORM Monthly inflation growth rates in Kazakhstan slowed down in July, although they still remained at a high level, Kazinform has learned from Deputy Chairman of the National Bank Akylzhan Baimagambetov.

22.07.2022 17:49

President Tokayev receives National Bank Governor Galymzhan Pirmatov

NUR-SULTAN. KAZINFORM - President of Kazakhstan Kassym-Jomart Tokayev held a meeting with the Governor of the National Bank Galymzhan Pirmatov, Kazinform cites Akorda.

14.07.2022 12:19

National Bank’s assets amount to $51.9 billion

NUR-SULTAN. KAZINFORM The foreign reserves of the Kazakh National Bank amount to $32 billion, having decreased by $2.4 billion since the beginning of the year, Governor of the National Bank Galymzhan Pirmatov said at the Government’s extended meeting today.

14.07.2022 11:44

President Tokayev urges to tackle inflation, increase citizens’ income

NUR-SULTAN. KAZINFORM – The Government and the National Bank should prioritize stabilizing the inflation and increasing the income of citizens, Kazakhstan President Kassym-Jomart Tokayev said Thursday at the extended of the Government, Kazinform correspondent reports.

01.07.2022 16:14

Decision-making model for introduction of digital tenge developed

NUR-SULTAN. KAZINFORM - The National Bank of Kazakhstan (NBK) and Payment and Financial Technologies Development Center of the NBK (PFTDC) have released the report ‘Decision Making Model for Digital Tenge Implementation’. Based on the results of the study obtained with the use of this model, a final decision will be made by the end of 2022 to introduce the Central Bank digital currency in Kazakhstan, Kazinform cites the press service of the Bank.

30.06.2022 17:56

National Bank likely to achieve results if inflation expectations are firmly anchored – IMF

NUR-SULTAN. KAZINFORM Nicolas Blancher, a Division Chief in the IMF's the Middle East and Central Asia Department, shares his view on broadening the National Bank of Kazakhstan mandate.

30.06.2022 14:45

IMF: Kazakhstan’s central bank may need to tighten monetary policy further

NUR-SULTAN. KAZINFORM «As inflation soars around the world, central banks are racing to tighten monetary policy to deliver on their mandates of maintaining price stability,» according to Nicolas Blancher, a Division Chief in the IMF's Middle East and Central Asia Department, the IMF informs on its website.

16.06.2022 11:36

Food prices rose by 19% – National Bank Governor

NUR-SULTAN. KAZINFORM – Last year the Kazakh Government together with the National Bank began implementing an anti-inflationary response package with a view to stabilize nonmonetary inflation factors, Kazinfrom correspondent reports.