Lending to the small business sector has increased by 35% since the beginning of the year. In addition, there is a growing number of deposits in the national currency and the ongoing process of de-dollarization. This was reported by the chairman of the National Bank at the meeting with Nursultan Nazarbayev. Daniyar Akishev noted that now the situation stabilized at the foreign exchange market. The President has set a number of specific tasks for the National Bank, also the President drew attention to the importance of the bank’s work as a regulator of the financial market.

 

Daniyar AKISHEV, CHAIRMAN, NATIONAL BANK OF KAZAKHSTAN:

Oil prices stabilized on the external market. Exchange rates of national currencies of our partner countries have stabilized. And there is every reason to believe that this situation in will remain stable in the near future. That involves stabilization in the foreign exchange market. The lending process resumes and loans to small businesses grew by 35% since the beginning of the year, reaching 2.8 trillion tenge.

 

 

 

Photo: akorda.kz

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