Biggest banks promise the country's head to keep from financing political parties' activities

/INTERFAX-KAZAKHSTAN, Almaty, December 2, 04/ - Kazakhstan biggest bans promise to the country's head to keep from taking part in the activity and financing of political parties. The message signed by the chairman of the council of Financial institutions' association of Kazakhstan and heads of country's seven biggest commercial banks - ATF, TuranAlem, CenterCredit, Eurasian, Kazkommerts, Halyk, and Nurbank, says about it. "We think it's inadmissible for banks to take part in the activity and financing of political parties. We will consequently lay this line in our practical activity in order to provide social and political stability", - says the message. Authors of the message are sure that "cooperation of the authority and banks should be contradictions between political parties, but a civilized dialogue between the Government, National Bank, financial supervision agency and the banking sector". Precisely this approach, they have noted, is typical for developed democratic countries, having marked that experience of more than ten-year independence of the country "brings out clearly that the key interests of the state and banks are similar". At that, financial institutions "clearly" understand, "that banking sector's successful development directly depends on social and political stability in the country". During the IV Congress of Kazakhstan financial institutions, says the message, Nursultan Nazarbayev set several tasks concerning further development of the country's financial system, which were approved by all participants. "So we, representatives of the country's biggest banks, declare about our supporting the president's aims concerning preservation of the social accordance, stability, building of civil society in Kazakhstan", - the message notes. "So we, representatives of the country's biggest banks, once again accentuate our adherence to the strategy of economic growth, stage by stage political modernization and improvement of people's living in peaceful and stable Kazakhstan", - financiers say. [2004-12-03]