KASE held the opening ceremony of Ring the Bell for Financial Literacy
On October 6, 2025, the Kazakhstan Stock Exchange (KASE) held the opening ceremony of Ring the Bell for Financial Literacy, kicking off the start of Financial Literacy Week. The project supports the global initiative World Investor Week 2025 of the International Organization of Securities Commissions (IOSCO) and brings together the financial organizations worldwide, including exchanges from various countries. During the week, the KASE Academy together with Fingramota.kz will host a series of online webinars where experts will share practical knowledge about investing, stock market instruments and personal finance management.
At the opening ceremony, the Deputy Chairman of the KASE’s Management Board Zhainar Sarzhakov noted that for the exchange, participation in this global initiative is a way not only to uphold the international traditions but also to make a tangible contribution to improving the investment culture of the people in Kazakhstan.
"Financial literacy today is more than just basic tools. It is the foundation of a sustainable future, cyber hygiene and competitiveness of the country. This is why KASE traditionally participates in projects aimed at developing the knowledge of financial markets, investing and forming the right approach to personal budgeting", he emphasized.
The honorable mission of ringing the gong was given to Alexander Terentyev, Director of the Department of Social Projects and Financial Literacy Improvement at the RK Agency for Regulation and Development of the Financial Market (ARDFM). He emphasized that sustainable development of the financial system is impossible without a comprehensive approach including education, service accessibility and protecting the interests of citizens, which is the three important pillars of sustainable development.
"The Agency is strengthening the protection of investors' rights, introducing their distinction by preparation levels and clarifying the responsibility of brokers and organizations. Today, knowledge of investment products is becoming as essential as skills in using other financial instruments. Over the past five years, the number of investment accounts has grown 12-fold. And only together, the market, the exchange and the regulator, can we educate the new investors and protect their interests. Last year, we successfully completed implementation of the Financial Literacy Improvement Concept, which was approved at the government level. A new strategic document has been developed in collaboration with the expert community and market participants, which will be adopted soon", noted Alexander Terentyev.
The first webinar of Financial Literacy Week was opened by Nurken Bolatbek, Deputy Director of the Client Relations Office at KASE. He discussed the exchange's history and functions, as well as its role in development of the capital market. "The exchange is a meeting place for investors and issuers, and our goal is to make the stock market transparent and accessible", he said.
Photo: Sputnik / Ертай Сарбасов