KASE and KazLeasing expand opportunities for leasing companies in the capital market

KASE and the Association of Leasing Companies of Kazakhstan, KazLeasing, plan to develop new opportunities for financing the leasing companies through the capital market.

This includes expanding the private leasing companies' access to long-term funding, developing of alternative financing sources and mechanisms for attracting the institutional and private investors.

The corresponding memorandum of cooperation was signed by Ainagul Iskakova, Deputy Chairperson of the KASE's Management Board, and Darkhan Abdykalyk, Chairperson of the KazLeasing Association Presidium.

As part of this collaboration, the parties also plan to work on enhancing the investment attractiveness of the leasing market, developing of modern exchange-traded financing instruments and improving of financial literacy of industry participants.