Nurzhan Baigaziev, Deputy Chairman of the Board of JSC Fund for Problem Loans, took part in a video conference on the topic of “The Role of the State in Improving the Financial System of the Republic of Kazakhstan”. The conference was held within the framework of the international scientific-practical conference dedicated to the 90th anniversary of the university and the Day of National Currency – tenge was held in Al-Farabi KazNU.

He expressed his gratitude to the organizers and congratulated the university on its significant achievement.

He marked: «For nine decades Al-Farabi KazNU has been a center of knowledge, science and cultural development, educating distinguished scientists and leaders who have made an invaluable contribution to the development of our country».

The Deputy Chairman also congratulated on the Day of the National Currency – Tenge that symbolizes the economic stability and independence of Kazakhstan. He emphasized the importance of financial sector workers in ensuring the sustainability of the country’s financial system. 

He added: «The Problem Loans Fund contributes to the economic stability by rehabilitating second-tier banks and supporting the agro-industrial complex. Our work is aimed at creating an effective financial environment that promotes entrepreneurship and job creation.

He also noted the importance of the Fund’s international cooperation with similar organizations around the world that makes it possible to adopt the best practices and the implementation of the best practices in managing stressed assets. 

He concluded: «We are confident that our joint efforts will make us able to create a financial system that is ready for challenges and open to new opportunities.