Kazakhstan is hosting the 10th Anniversary Summit and
International Public Asset Management Company Forum for the first time. Representatives
of government agencies, central banks, international financial institutions,
investment companies, and industry experts from 19 countries have gathered in
Astana. The main focus of the meeting is strengthening the resilience of
financial systems. According to Deputy Prime Minister and Minister of National
Economy Serik Zhumangarin, Kazakhstan views IPAF as one of the key platforms
for strengthening regional financial security and expanding international
cooperation. He noted that the country has already introduced advanced digital
solutions. The DMAS, DBEX, and e-Qazyna platforms help ensure efficient asset
management, while artificial intelligence technologies are used for asset
valuation, automated scoring, and financial risk analysis.
«Relieving the burden on distressed assets provides a
direct impetus to business lending. In the first month of 2026, the volume of
new loans issued to the corporate sector grew by 14.8%, reaching 8.9 trillion
tenge, while the total business portfolio exceeded 19 trillion tenge. Notable
growth is being demonstrated by manufacturing and metallurgy,» noted Serik Zhumangarin, Kazakh Deputy Prime Minister
and Minister of National Economy.
Kazakhstan is returning funds from distressed assets into the real sector of the economy. To this end, the country is changing its approach. The focus is now on early risk prevention rather than addressing the consequences. This helps strengthen banks’ balance sheets and free up capital. The funds are being directed toward production, infrastructure development, and job creation. International financial experts consider this approach effective and intend to apply Kazakhstan’s experience in their own countries.
«We are hoping that by establishing more relationships
with AMCs in the region, it can help us to grow our knowledge, as well as help
grow our distressed asset market in Malaysia. So that's really our main purpose
of attending this IPAF,» said Peggie Tang, Specialist, PIDM, Malaysia.
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