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Headline: Kazakh banks seek private savings Source: Euromoney Date: January 2001 Author: Janice Cowan Kazakhstan is enjoying its rudest economic health since independence was declared in December 1991, according to the governor of the National Bank of Kazakhstan (NBK), Grigori Marchenko. Although the global economic revival played a major role in 2000, Marchenko cites other factors: the steps that the government and NBK took in order to alleviate the consequences of the world financial crisis in 1998 and 1999, and the significant progress made by Kazakhstan in its transition to a market economy. Foreign |
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