Towards broader-based transparency

Bolat Zhamishev was formerly the governor of Kazakhstan's central bank. Now his task is to continue developing banking supervision as chairman of the agency for financial supervision. With bank asset growth doubling every two years and some banks doubling their assets last year, are you worried that growth is too fast?

Zhamishev, former governor
of Kazakhstan’s central bank,
continues to develop banking
supervision


Bolat Zhamishev was formerly the governor of Kazakhstan’s central bank. Now his task is to continue developing banking supervision as chairman of the agency for financial supervision. With bank asset growth doubling every two years and some banks doubling their assets last year, are you worried that growth is too fast?

I agree that some banks’ asset growth is rapid but we have to bear in mind that the starting point was quite low.

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