Kazakh National Bank Explains Lower Returns on Pension Savings

The National Bank of Kazakhstan's pension assets yield lower returns than private investment firms. Chairman Timur Suleimenov attributed this to the large volume of funds managed, approximately 27 trillion tenge, compared to smaller private portfolios. He stated that while the pension fund did not incur losses, achieving higher returns is possible.

Read the full article at Stan.kz →

Headline and summary written by daryo. The full report belongs to Stan.kz.