Senior officials from Kazakhstan’s Agency for Regulation and Development of the Financial Market and the National Bank met with executives of second-tier banks and the Association of Financiers of Kazakhstan.
They discussed the implementation of the President’s instructions in his Address to the People of Kazakhstan on lending to the economy and expanding capital market opportunities, as well as other issues facing the financial sector.
Participants said regulatory conditions should be created to expand banks’ investment lending to businesses, including through the Halyqtyq Qurylys programme and the national project to modernize the energy and utility sectors.
