Kazakhstan banks external debt down by $2.4bn

Kazakhstan banks external debt; According to the National Bank of Kazakhstan, the external debt of the country’s banking sector came down by $2.4bn or 17% last year and now stands at $11.2bn. The reduction was reported as new regulations came into effect obliging all banks of the country to reject applications for loans from clients whose monthly payments on loans exceed 50% of their monthly incomes. Tengrinews.kz