Azerbaijan, Baku, Sep. 30 / Trend E. Kosolapova/
Kazakh National Bank and Chinese Banking Regulatory Commission signed a Memorandum of Understanding in Beijing, Kazinform reported on Monday.
During the ceremony of signing the head of Kazakh National Bank Grigory Marchenko and Chairman of the Board of Chinese Banking Regulatory Commission Shang Fulin discussed the development of the banking sector in both countries and further strengthening and expansion of cooperation in the field of bank regulation.
Grigory Marchenko also met with Governor of People's Bank of China Zhou Xiaochuan. The parties stressed the positive dynamics in relations between the two countries in the financial sector and the prospects for their further development and discussed possibility of making bilateral payments in Kazakh and Chinese national currencies.
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