During the meeting, the sides discussed issues of further development of Kazakhstan’s banking system.
Nursultan Nazarbayev reiterated high responsibility of the second-tier banks that will act as conduits for channeling funds for the “Nurly Zhol” programme.
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.
