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Banking sector requires more government regulation

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18:34 24.09.2009
text: "Kazakhstan Today"
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Astana. September 24. Kazakhstan Today - The banking sector requires more government regulation. The Prime Minister of Kazakhstan, Karim Masimov, said during the business forum today, the agency reports.

K. Masimov said that many countries over the last years have considered that "less government regulation is required in the banking sector." "However, last year, the tendencies of the international markets are as such that more government regulation is required in the banking sector. We will look what will happen in the global markets and will follow this tendency," the Prime Minister underlined.

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