Nazarbayev discussed banking system development with chairman of board of "Halyk Bank"

Astana. February 27. KazTAG - Kazakhstani President Nursultan Nazarbayev has conducted a meeting with Alexey Pavlov, chairman of board of "Halyk Bank Kazakhstan", Akorda reports.
"The parties discussed further development of the banking system of the state. The President emphasized high responsibility of second tier banks, through which the financing of "Nurly Zhol" program will be directed," reads the message.
The President emphasized the program is supposed to play a big role in the development of small and medium business and rehabilitation of financial system.
Pavlov, in turn, indicated that today Kazakhstani banks feel the influence of external factors and consequences of instability on the world markets. Due to this, he hopes, the funds allocated for liquidity increase of the national currency will positively affect sustainability of the banking system.

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