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  • Financial Markets in Azerbaijan and Kazakhstan

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    Munara Mun
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    Financial markets in Azerbaijan and Kazakhstan have experienced various developments since their establishment in the early 1990s. The Baku Stock Exchange was established in 2000 in Azerbaijan, while stock exchanges opened in Kazakhstan in the early 1990s. Both countries have sought to improve their relatively low levels of capitalization in the banking sector through developing regulatory frameworks and increasing capital requirements for banks over time. The key stock exchanges are the Baku Stock Exchange in Azerbaijan and the Kazakhstan Stock Exchange, which currently has over 6000 members and companies trading on the exchange.

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    Financial markets in Azerbaijan and Kazakhstan have experienced various developments since their establishment in the early 1990s. The Baku Stock Exchange was established in 2000 in Azerbaijan, while stock exchanges opened in Kazakhstan in the early 1990s. Both countries have sought to improve their relatively low levels of capitalization in the banking sector through developing regulatory frameworks and increasing capital requirements for banks over time. The key stock exchanges are the Baku Stock Exchange in Azerbaijan and the Kazakhstan Stock Exchange, which currently has over 6000 members and companies trading on the exchange.

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    Download as PPTX, PDF, TXT or read online from Scribd
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    16 views10 pages

    Financial Markets in Azerbaijan and Kazakhstan

    Uploaded by

    Munara Mun
    Financial markets in Azerbaijan and Kazakhstan have experienced various developments since their establishment in the early 1990s. The Baku Stock Exchange was established in 2000 in Azerbaijan, while stock exchanges opened in Kazakhstan in the early 1990s. Both countries have sought to improve their relatively low levels of capitalization in the banking sector through developing regulatory frameworks and increasing capital requirements for banks over time. The key stock exchanges are the Baku Stock Exchange in Azerbaijan and the Kazakhstan Stock Exchange, which currently has over 6000 members and companies trading on the exchange.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
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    Financial markets in Azerbaijan and Kazakhstan

    History
    1990 Almaty and Kazakhstan stock exchanges were opened 1990 and 1991 Market Initiative 1993-1995 Cabinet period 1996-1997 Expectations

    1998 Adaptation

    History
    Baku Stock Exchange had been established on February 15, 2000 October 3, 2000 the official opening took place

    The first operation for trading on the Stock Exchange was held on 1 September 2000.
    November 19, 2008 was established by the President decree number 52 on the establishment of the State Committee on Securities.

    Capitalization
    Kazakhstan is on the poor level of capitalization Reasons are: Deficit in funding sources Poor quality of loan portfolio

    10 years plan to improve

    Capitalization
    Azerbaijan is also on the poor level Capital of many banks was low By 2014 has to each 50 millions manat 20% do not meet the requirements

    Plan to improve

    Indices
    Kazakhstan Stock Exchange (KASE) is a Stock Exchange in Alma-Ata, Kazakhstan. Was founded in 1993

    KASE has a "golden share" and it is not participating in the formation of capital KASE
    Owner of the "golden share" KASE is the National Bank of Kazakhstan

    Indices
    Baku Currency Exchange which established July 26, 1993 as a closed joint stock company BSE is the country's main stock exchange in Baku, Azerbaijan.

    It was established on 15 February 2000


    All key decisions on priority setting and development BBVB accepted by Exchange Council collectively

    Number, people and companies


    For today the number for KASE is 6000 Total number of shareholders KASE is 56 It has the subsidiary companies

    The total number of outstanding shares KASE is 544 999

    Number, people and companies


    The number quoted is 80.10.
    BSE has 19 shareholders including Istanbul Stock Exchange among them There are 17 members which are included

    Currency
    November 15, 1993 in Kazakhstan introduced the national currency tenge
    1 Kazakhstani Tenge equals 0.01 US Dollar Azerbaijan uses manat as the currency and it was introduced on 15 August 1992 Exchange rate is 1 manat equals to .78 dollar.

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