Kazakhstan, China boost coop in banking sphere
The Kazakh National Bank and Chinese Banking Regulatory
Commission signed a Memorandum of Understanding in Beijing,
Kazinform reported on September 30.
During the ceremony of signing, Head of Kazakh National Bank
Grigory Marchenko and Chairman of the Board of Chinese Banking
Regulatory Commission Shang Fulin discussed the development of the
banking sector in both countries and further strengthening and
expansion of cooperation in the field of bank regulation.
Marchenko also met with Governor of People's Bank of China Zhou
Xiaochuan.
The parties stressed the positive dynamics in relations between the two countries in the financial sector and the prospects for their further development and discussed possibility of making bilateral payments in Kazakh and Chinese national currencies.
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