The Kazakh financial services sector was severely hit by the global economic and financial crisis of 2008-09. The country's commercial banking system, which until August 2007 had experienced a period of massive expansion, was one of the first in the world to experience the credit crunch, owing to its exposure to international capital markets. Despite ongoing restructuring of the banking sector, the proportion of bad loans remains extremely high.
Lending recovered in 2011, after nearly two years of stagnation in the wake of the global financial crisis. Consumer lending expanded rapidly in 2013, despite ongoing uncertainty regarding the underlying health of the Kazakh banking system.

Financial services report 2

Banks 3

Insurers 7

Asset managers 8

Financial markets and instruments 10

Financial regulation 11

Monetary and currency policy 12

Kazakhstan at a glance 14

Fundamental indicators 15

Key contacts 16

中国科学技术信息研究所