Kazakhstan

Kazakhstan (i/ˌkæzækˈstɑːn, ˌkɑː-, -zɑːk-, -ˈstæn/;Kazakh: Қазақстан, Qazaqstan), officially the Republic of Kazakhstan, is a country in Central Asia, with a minor part west of the Ural River and thus in Europe. Kazakhstan is the world's largest landlocked country by land area and the ninth largest country in the world. Its territory of 2,724,900 square kilometres (1,052,100 sq mi) is larger than all of Western Europe. By 2006, Kazakhstan had become the dominant nation of Central Asia economically, generating 60% of the region's GDP, primarily through its oil/gas industry. The country has vast mineral resources.

It has borders with (clockwise from the north) Russia, China, Kyrgyzstan, Uzbekistan, and Turkmenistan, and also adjoins a large part of the Caspian Sea. The terrain of Kazakhstan includes flatlands, steppe, taiga, rock canyons, hills, deltas, snow-capped mountains, and deserts. With an estimated 18 million people as of 2014, Kazakhstan is the 61st most populous country in the world. Given its large land area, its population density is among the lowest, at less than 6 people per square kilometre (15 people per sq. mi.). The capital is Astana, where it was moved in 1997 from Almaty.

Latest News for: Bank kazakhstan

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Poland appoints former public TV boss to World Bank post

Reuters 07 Dec 2022
WARSAW, Dec 7 (Reuters) - Poland picked the former head of public television as a representative on the board of executive directors of the World Bank, the National Bank of Poland (NBP) said on Wednesday, a decision that was condemned by opposition lawmakers ... The appointment of Kurski to the World Bank was criticised by Polish opposition figures....
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Kazakhstan National Bank Announces Base Rate Hike

MENA FN 05 Dec 2022
(MENAFN - Trend News Agency) BAKU, Azerbaijan, December 5. National Bank of Kazakhstan raises the base rate to 16.75 percent, trend reports, citing the press service of the Bank. The decision was ... ....
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India to pilot retail digital currency on December 1

Business Ghana 30 Nov 2022
Four local banksState Bank of India, ICICI Bank, Yes Bank and IDFC — will participate in the initial phase of the pilot in four cities (Mumbai, New Delhi, Bengaluru and Bhubaneswar) ... The National Bank of Kazakhstan plans to integrate its CBDC on the BNB Chain, crypto giant Binance said earlier....
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RBI Plans to Introduce Digital Rupee on December 1st

Coinspeaker 29 Nov 2022
The Reserve Bank of India (RBI) has announced its plan to launch the first pilot program for retail digital rupee on December 1st ... Four more banks will join these banks in the second phase ... The central banks of top countries like Singapore, China, the Bahamas, and Kazakhstan have experimented with the use of digital currency....
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How Has Fintech Affected Unbanked Populations?

The Post and Courier 23 Nov 2022
Digital financial solutions have steadily increased global access to banking ... Governments worried about consumer protection and competition, big banks often used their influence to block fintech-friendly policies, and regulators didn’t know how to address mobile solutions....
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EBRD warns of rise in 'zombie' firms if pandemic measures continue

Reuters 22 Nov 2022
The bank, which covers countries stretching from Kazakhstan to Hungary and Tunisia, argued that some companies avoided default due to access to cheap credit thanks to government measures after the pandemic and Russia's invasion of Ukraine ... The problem is more present in economies dominated by government-run companies and banks, the EBRD found....
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EBRD warns of rise in ‘zombie’ firms if pandemic measures continue

FX Empire 22 Nov 2022
The bank, which covers countries stretching from Kazakhstan to Hungary and Tunisia, argued that some companies avoided default due to access to cheap credit thanks to government measures after the pandemic and Russia’s invasion of Ukraine ... The problem is more present in economies dominated by government-run companies and banks, the EBRD found....
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“My Son is Just Another Kid”

Human Rights Watch 21 Nov 2022
A mother of two in Kazakhstan said ... For example, a mother in Kazakhstan said ... Heavy losses and deepening inequality,” post to “Eurasian Perspectives” (blog), World Bank, November 16, 2020, https.//blogs.worldbank.org/europeandcentralasia/post-covid-education-kazakhstan-heavy-losses-and-deepening-inequality (accessed September 24, 2022)....
photo: Creative Commons / Tatarstan.ru
Kazakh President Kassym-Jomart Tokayev during a visit to St. Petersburg in June 2022
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Kazakhstan Says Foiled Coup Attempt Ahead of Early Vote

Moscow Times 17 Nov 2022
Kazakhstan said Thursday it had prevented a coup attempt by supporters of an exiled opposition figure as it arrested seven people ahead of a presidential election this weekend ... Ablyazov, a former energy minister and bank chairman, is a hugely controversial figure whom Kazakhstan has tried and sentenced in absentia for murder and embezzlement....

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