Meeting with Alexander Pavlov, Kazakhstan Halyk Bank JSC Board of Directors Chairman

26.02.2015

 

During the meeting, the sides discussed issues of further development of Kazakhstan’s banking system.

Nursultan Nazarbayev underlined  a high responsibility of the second-rank banks for funding “Nurly Zhol” programme  and the national economy.

The Head of State stressed that the programme should play a significant role in the development of small and medium-sized businesses along with rehabilitation of financial system.

Alexander Pavlov said that today the banks of Kazakhstan feel external influence and consequences of instability in the world markets. In this regard, he noted that the funds allocated to increase the liquidity of national currency will positively influence the stability of the entire banking sector of the country.