Kazakh President received head of the National Bank

19:00, 13 November 2012

ASTANA. November 13. KAZINFORM President of Kazakhstan Nursultan Nazarbayev has received head of the National Bank of Kazakhstan Grigory Marchenko, the President's press service said.

The latter reported on the state of the country's banking system and exchange situation. Besides, debated were the prospects for the development of medium-term crediting of the economy and opportunities for its funding through pension funds, insurance companies and foreign investors.

Marchenko briefed on the work aimed at the improvement of the country's pension system and consideration of the said issues at the council for financial stability and development of financial market of Kazakhstan.

Following the results of the meeting President Nursultan Nazarbayev charged to further modernization of the private-public partnership mechanism and to consider the possibilities to use funds of the second-tier banks, pension funds and other financial institutions to back large infrastructure projects the countrywide.

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