Expanding access for a large base of retail investors across many regions of Kazakhstan through Kazpost, and by institutions in the region through one of the leading independent investment companies in the frontier and emerging markets
Astana International Exchange (AIX) is pleased to announce that Kazpost JSC and Renaissance Capital investment company have become trading members of AIX. The certificates were awarded to the heads of these organizations during the visit of the President of the Republic of Kazakhstan, Kassym-Zhomart Tokayev, to Astana International Financial Centre.
“We are pleased to welcome our new trading members, who will allow thousands of Kazakhstan and foreign investors to access the AIX platform,”-said Tim Bennett, CEO of AIX. – Wide coverage of Kazpost’s client base and experience of participation in the previously held “People’s IPO”, as well as the unique geography of Renaissance Capital’s сoverage will open new opportunities for the clients of these companies in the Central Asian capital market.”
Saken Sarsenov, Chairman of the Management Board of Kazpost JSC highlighted:&
“Astana International Exchange is a world class platform and we are glad to obtain access to it. This shall allow Kazpost to provide a wider scope of opportunities to its clients to invest using this modern trading platform. I can assure that as a broker Kazpost will actively contribute to the development of capital market in Kazakhstan.”
Christoph Charlier, Chairman of the Board of Directors of Renaissance Capital said:
“Astana International Exchange’s tech platform meets most advanced requirements and expectations of the market participants and offers great opportunities for the stock exchange and its partners. We are happy to be able to provide our clients with a full-fledged exchange access to participate in the national privatization programme as well as Sovereign and corporate securities offerings. Being one of the leading investment banks in emerging and frontier markets, Renaissance Capital has a multi-year successful track record of implementing transactions for Kazakh issuers in equity and debt capital markets and promoting Kazakhstan’s investment case among international investors.”
Kazpost JSC provides brokerage services on the basis of a license for brokerage and dealer activities with the right to maintain customer accounts as a nominal holder, as well as transfer-agency activities since 2000. The brokerage client base of Kazpost includes more than 32 thousand active individual accounts. Company’s each regional branch employs specialists in brokerage services.There are more than 100 brokerage service points in the postal communication centers throughout the country.
Renaissance Capital is a leading emerging and frontier markets investment bank providing access to 50 markets across the globe, with operations in Africa, Central and Eastern Europe, North America and Asia. Founded in 1995, the Firm has established market-leading positions in each of its core businesses – equity and debt capital markets, M&A, markets business division, including equity & equity derivatives, fixed income, FX & FX derivatives, commodities and REPO & financing; as well as research and prime brokerage. It has one of the largest EEMEA distribution and execution platforms, with Sales and Trading teams present in London, Moscow, New York, Johannesburg, Cape Town, Lagos, Nairobi and Cairo.
AIX was created in 2017 within the AIFC development framework. AIX shareholders are: AIFC, Goldman Sachs, Shanghai Stock Exchange, Silk Road Fund and NASDAQ which provides AIX trading platform. Exchange operates within the regulatory environment familiar to international investors, in the English law jurisdiction. The Exchange has developed and fully operational trading infrastructure. An ecosystem of local and international brokers has been created. AIX successfully held IPO of NAC “Kazatomprom” JSC in November 2018. Polymetal international plc, large mining company, passed dual listing in April 2019. In addition, Eurobonds of the Ministry of Finance of the Republic of Kazakhstan and corporate bonds of “Kazakhstan Temir Zholy” JSC were placed on the AIX platform. www.aix.kz
AIFC. The AIFC was established on the initiative of the President of the Republic of Kazakhstan Nursultan Nazarbayev. In December 2015 President Nazarbayev approved the Constitutional Statute “On the Astana International Financial Centre” (AIFC). The aim of the AIFC is to establish a leading international centre for financial services. The objectives of the AIFC are to attract investment into the economy through the establishment of an attractive environment for investment in financial services, develop local capital markets, ensuring their integration with the international capital markets. www.aifc.kz
Renaissance Capital is owned by ONEXIM Group. Renaissance Capital published its IFRS financial results for FY2018 (ending 31 December 2018) on 15 April 2019. During the reporting period, net profit was consistent YoY at USD13.5mn. Operating income was steady at USD141.2mn.Renaissance Capital was named as the Most Innovative Investment Bank in Emerging Markets in 2018 by The Banker’s Investment Banking Awards. The Firm also recorded an impressive set of results in the 2018 Extel Survey for the third consecutive year, with strong placings in a range of categories for individual analysts and the Firm overall. In the 2018 Financial Mail awards for African equity research, the Firm’s local team was ranked fourth, and individual analysts achieved top positions in their respective categories. The Global Finance magazine 2018 awards named Renaissance Capital as the Best Bank in Frontier Markets. www.rencap.com/eng/
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