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New York hosts “Kazakhstan Finance Day” forum

New York  hosts “Kazakhstan Finance Day” forum
Фото: MFA 29.10.2024 18:18 4062

The “Kazakhstan Finance Day” Forum took place in New York City, organized by the National Bank of Kazakhstan in collaboration with the Embassy of Kazakhstan in the U.S. and the Consulate General, in partnership with Citigroup, Mastercard, Visa, Solidcore Resources, and the U.S. Chamber of Commerce, El.kz cites MFA.

The event was held at Citigroup’s headquarters in New York’s financial district, bringing together more than 450 finance and economic leaders from both countries, including major Wall Street investors such as Blackstone, Ashmore, JP Morgan, Cerberus, Apollo Global Management, KKR, Bloomberg, and others.

The Kazakh delegation was represented by senior officials from the National Bank of Kazakhstan, the Agency for Financial Market Regulation and Development, the Astana International Financial Center (AIFC), Development Bank of Kazakhstan, Kazakhstan Stock Exchange (KASE), Kaspi.kz, Halyk Bank, Freedom Holding, and representatives from development institutions, including Baiterek National Managing Holding and the Damu Entrepreneurship Development Fund.

The launch of this inaugural forum in one of the world’s top financial centers aims to strengthen economic ties and attract new investment to Kazakhstan as a promising economic destination.

Kazakhstan Finance Day provided a unique platform for global financial players, investors, and business partners to gain insights into Kazakhstan’s economic growth trajectory, its potential, and current investment opportunities.

The forum included a comprehensive macroeconomic overview of Kazakhstan, along with insights into the country’s financial market trends, achievements in digitalization, and plans to enhance the technological, security, and efficiency aspects of the national financial infrastructure. Dedicated sessions and presentations addressed direct and portfolio investments for investors and financial market participants.

Keynote speakers, financial sector leaders, and industry representatives introduced American investors to various financial tools aimed at facilitating business operations in Kazakhstan and liberalizing the banking regulations.

Forum participants highly valued the ongoing economic reforms in Kazakhstan, which they believe set a new course for development, increasing its appeal to American businesses. Delegates emphasized Kazakhstan’s stable macroeconomic policies and its role as a strategic hub for investors interested in entering Central Asian markets.

On the sidelines of the event, bilateral meetings between Kazakhstani and U.S. businesses, as well as networking sessions, fostered new business connections and strengthened investment collaboration.

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