The National Bank of Kazakhstan will attract the savings into banks - head of the National Bank

/Almaty office of REUTERS, Oct.13, 99, Corr. Larisa Kokovinets/ - New chairman of the National Bank of Kazakhstan Grigoryii Marchenko sees his main goal as attracting funds of the population and companies into a banking system and increasing trust in banks. , he said on a press-conference at the National Bank. Forty year old Marchenko, former head of the representative of Deutsche Bank Securities in Kazakhstan, was appointed as the chairman of the National Bank absolutely unexpectedly, when yesterday at the parliament meeting the president Nazarbaev has asked the deputies to give the consent to the new chairman of the National Bank. Marchenko says that in near future the National Bank has to take a number of measures, with the most important among them - creation of system of collective insurance of the deposits by banks. Two other problems to be resolved, including by correcting the legislation, - ban on blocking bank accounts without court's decision and on infringement of bank secret. , said Marchenko. The chairman of the National Bank hopes, that the parliament will cooperate and this matters could be resolved by the mid of November, when the second congress of the financiers of Kazakhstan will be held. Marchenko believes that the National Bank of Kazakhstan, which survived several hard periods in its history regarding leaving a rouble zone, reforms of the banking system, and also a recent world and Russian crisis, can move to move to a new period of positive development. , he said. Marchenko referred to an expert assessment, based on which about $1.5 billion circulates outside of the banking system of Kazakhstan, half of those being personal savings of the population, kept at home, and approximately another half being means of payment, so-called . , he said. Marchenko confirmed that he had promised to the president of country to shave his beard, if volumes of the deposits in the banking system will increase up to $1 billion from $340 million. , he said. Marchenko told that he had an opportunity to start some projects, which were drawn up as far back as three-four years ago, when he worked at the National Bank as the vice-president. The National Bank is going to start the bill programs of large national companies in the republic. The National Bank, as Marchenko says, also has on how to finance gold mining, refinance the banks, make the participation of the National Bank in the secondary market for state securities active. Now the portfolio of the National Bank is minimal. The National Bank will continue to regulate the new sphere to it - insurance market. Working with commercial banks, as Marchenko says, the National Bank is going to act by economic methods and beliefs. , he said. The main directions of a monetary policy of the National Bank for year 2000 will be prepared by the end of current year. Marchenko confessed he had agreed on the offer of the president Nazarbaev to head the National Bank without hesitation. He demonstratively left the National Securities Commission two years ago, when his program of was interfered. Marchenko stated at that time he would finally be making money. Today he said basically he had not deny the opportunity of returning to state service, but thought to make it later. In Deutsche Bank Securities he still has unfinished projects and a solid salary. , said Marchenko.