The RFCA, Agency of Kazakhstan on Regulation of Activities of the Regional Financial Center of Almaty City and Deutsche Börse have signed a cooperation agreement in Frankfurt. This agreement is designed to position and promote the German and Kazakh capital markets vis-à-vis international investors. The partners have agreed, for example, to promote dual listings on the Frankfurt Stock Exchange and conduct joint research projects.
"We welcome this agreement with the RFCA. Kazakhstan is an interesting up-and-coming market, and we will be strengthening Deutsche Börse’s position as a listing location for Russian and Central Asian companies", said Rainer Riess, Managing Director of Stock Market Business Development.
Deutsche Börse held its first IPO conference in collaboration with the responsible ministries from Kazakhstan back in June 2006 in order to provide an overview of investment opportunities and developments on the Kazakh financial market. Deutsche Börse has been more active in Russia and the CIS countries this year, organizing road shows and IPO conferences with the aim of promoting stock exchange listings for local companies.
The Agency of Kazakhstan on Regulation of Activities of the Regional Financial Center of Almaty City is a governmental center for the promotion of Almaty as a financial center.
