Banks Expand Assets: Tokayev Briefed on Financial Market Situation
Summary
Kazakhstan's President was briefed on the financial sector, where bank capital adequacy reached 20.7%.
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President of Kazakhstan Kassym-Jomart Tokayev was briefed on the current state of the country's financial market. The report highlighted an increase in total assets across the banking sector.
According to the reported data, the capital adequacy ratio of Kazakhstan's commercial banks currently stands at 20.7%, underscoring the stability of the financial system.
Source: inbusiness.kz
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