Tengrinews TV Радио Tengri FM Радио Жұлдыз FM Laws of Kazakhstan
Write us +7 (727) 388 8020 +7 (717) 254 2710
искать через Tengrinews.kz
искать через Google
искать через Yandex
USD / KZT - 318.99
EUR / KZT - 393.70
CNY / KZT - 50.28
RUB / KZT - 5.62

Kazakhstan Stock Exchange Director on the planned single pension fund

06 февраля 2013, 11:03
KASE President Kadyrzhan Damitov. © Yaroslav Radlovsky
KASE President Kadyrzhan Damitov. © Yaroslav Radlovsky
If Kazakhstan launches a single pension fund, the number of listed companies at the Kazakhstan Stock Exchange (KASE) will decrease. KASE President Kadyrzhan Damitov tells about possible changes in the country’s securities market.

Late January President Nazarbayev tasked the Government with working out suggestions on a single pension funds. According to him, “a consolidated structure like this under the management of the Central Bank would enable to more effectively manage people’s savings”.

“All the currently operating 11 pension funds are listed companies; if a single pension fund is launched, there will be only one listed company (…) as the number of issues decreases, KASE will suffer certain losses”, Mr. Damitov told journalists.

However, according to him, it’s hard to predict how the volume of transactions will change. “Although the number of issuers will decrease, there will be one powerful investor (…) the investment rules are expected to be liberalized (…) It’s hard to predict what effect these changes will have on KASE’s revenues”.

Хотите больше статей? Смотреть все
Добавить комментарий
Most Read
Most Discussed