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Kazakhstan Financial Sector Assessment Program Technical Note - Capital Market Development (English)

The foundation for capital market development in Kazakhstan is solid, yet supply and demandside issues restrict the deepening of the capital market. The macroeconomic conditions areconducive, despite the high inflation rate and dollarization of the deposits. The Financial MarketInfrastructure (FMI), including the payment, clearing, and settlement systems and the depository, is solid and robust. In addition, Kazakhstan Stock Exchange (KASE) offers...
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Citation

Bango,Zsolt; Yoon,Yaewon.

Kazakhstan Financial Sector Assessment Program Technical Note - Capital Market Development (English). Financial Sector Assessment Program (FSAP) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099041124104518186

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