KASE Changed Its Logo For The First Time In 23 Years

Kazkommertsbank’s KZT11,524 seized

KazWorld.info – JSC “Kazakhstan Stock Exchange” made rebranding and announced plans for the development of the next two years. This guide KASE reported today at a meeting with reporters.

KASE logo retained the shape of a pyramid, changing only the style and color scheme – for the first time in 23 years of existence of the stock exchange.

“Under the same brand of KASE stock market infrastructure was formed. But now we are entering a new stage of development in the implementation of the Strategy 2016-2018 years. So we decided to base the development of the brand that “the experience of the past – it is a force shaping the future.” Our new logo will reflect our dynamism, openness to customers, dedication, reliability and transparency, “- said Chairman of Management Board of KASE Alina Aldambergen KASE.

KASE Changed Its Logo For The First Time In 23 Years

Recall that the new strategy KASE development until 2018 was adopted last August. It was reported that according to this document is expected to increase shares by the end of 2018 the market capitalization of the year by 19.2% – to 13.17 trillion tenge to 15.7 trillion KZT.

Key areas of the strategy, as noted by Alina Aldambergen, the development of the exchange market, increase customer focus and its exchange services, increasing the efficiency and competitiveness of the exchange business. Work will also continue to attract new issuers to the stock market, the expansion of the investor base and the development of the foreign exchange market.

“Now the functionality of certain markets, such as currency, already requires a transition to new risk management system, the introduction of margin contribution, the admission of additional members, to encourage the investor base in the framework of the liberalization of the stock market, where the program is carried out by the National Bank; considering expanding institutional investors access to the stock market, and the adoption of measures to attract retail investors – we see them in the activation of this year. Therefore, the Exchange will take steps to inform retail investors “, – said the head of the KASE.

Also, according to Alina Aldambergen, it will be held the official listing of the structure transformation.

“Our focus will be on domestic companies, especially in the middle sector of growing companies. In this regard, we want to make our listing for more transparent and highlight the larger companies that have passed the IPO and are available in the listing, including national, from the mid-cap companies. As you know, the last time we had a few small IPO companies, which are actively traded. We want such companies be more visible. It will be an example for both issuers and investors “, – he added the speaker.

In an effort to attract new issuers Exchange has already started working with SPE “Atameken” and created a database of 357 companies, highlighting 14 of them are interested in attracting financing and compliance with listing requirements. Now we have negotiations with them. “We plan holding four training sessions in Almaty, Astana and Atyrau. The program will be called “Stock Market – new horizons for business” “, – said Chairman of Management Board of KASE.