Banking and finance 12 сентября 2025 14,884 просмотров Systemic Problem: National Bank Fails to Ensure Long-Term Stability of the Tenge Exchange Rate The US dollar has risen from 5.26 tenge at the time Kazakhstan’s national currency was introduced in 1993 to 536.8 tenge in September 2025. Over the... #Currency#Dollars#Foreign Currency
Banking and finance 27 августа 2025 25 просмотров No Demand for the Yuan? Net Sales of the Chinese Currency Slip Back Into Negative Territory As of June this year, Kazakhstan’s exchange offices recorded net sales of the Chinese yuan at minus 16.6 million tenge. This marks the second month... #Exchange Offices#Foreign Currency#Foreign Exchange Operations
Reviews 2 июля 2025 615 просмотров Shadow Economy in Kazakhstan: Disappearing or Just Well-Hidden? The share of the shadow economy in the country’s GDP, according to President Kassym-Jomart Tokayev, has significantly decreased since 2019 — from... #Economy of Kazakhstan#Kazakhstan GDP#Shadow economy#World
Banking and finance 21 апреля 2025 4,501 просмотров Is Kazakhstan Returning to Under-the-Table Payments? Cash Withdrawals Rise, While Share of Cashless Payments Stalls In January–December 2024, the volume of cash withdrawals in Kazakhstan using payment cards issued by domestic and foreign banks reached 25.4 trillion... #Cash#CashlessPayments#PaymentCardsKazakhstan
Banking and finance 13 сентября 2016 191 просмотров Commercial banks earned KZT39.3bn in July. The sector’s total profits exceeded KZT240bn since the beginning of the year. The Development Bank of Kazakhstan made net profits of KZT7.4bn In July 2016 the banking sector somewhat reduced their profits – banks raised profits worth KZT39.3bn against KZT39.8bn a year earlier. Banks’ net...
Banking and finance 31 августа 2016 229 просмотров Competition on the credit market in Kazakhstan is falling as 10 largest banks continue to account for over 80% of the market. However, Kazakhstan’s credit system is more competitive than in its partners in the EEU – Russia and Belarus The level of monopolisation in the banking sector calculated as share of commercial banks’ loan portfolios stands at over 1,000 points which points to...
Banking and finance 16 августа 2016 40 просмотров Kazakh property prices go up in June. The price of new housing go up in 12 cities but this doesn’t stop buyers The price of new and existing housing went up by 13.6% and 10.6% year on year respectively in Kazakhstan in June. New housing cost KZT252,700 per square...
Banking and finance 14 июля 2016 10 просмотров Retail deposits up by 61.7% in May as a result of exchange rate revaluations. Halyk Bank and Kazkommertsbank account for 41% of retail deposits Kazakh commercial bank’s retail deposit portfolio increase by 61.7% year on year to KZT6.9tn in May. However, steady growth was replaced with slight...
