Kazakhstan banking risk score improves amid Astana Finance Days forum

Kazakhstan banking Astana Finance Days S&P Global Ratings Islamic finance asset management

S&P Global Ratings has improved its assessment of Kazakhstan’s banking industry, lowering the industry risk score from 7 to 6. The agency also shifted the trend for Kazakhstan’s separate economic risk assessment from stable to positive, citing enhanced regulation, supervision, and tighter capital and liquidity oversight.

Simultaneously, the Astana International Financial Centre (AIFC) is hosting Astana Finance Days 2026. The forum has drawn 8,000 participants from 90 countries, including major global asset managers such as BlackRock and Goldman Sachs, who collectively manage over US$26 trillion in assets.

During the event, the Islamic Finance Advisory Board (IFAB) held its third meeting to discuss the development of the Islamic capital market, including the expansion of the Islamic capital market on the Astana International Exchange and the potential establishment of an Islamic Finance Centre of Excellence.

Entities

Astana International Financial Centre · BlackRock · Goldman Sachs · Kazakhstan · S&P Global Ratings

Claims

What the coverage asserts, and how many sources carry each claim.

[● 2 SOURCES] The Astana International Financial Centre is hosting the 9th Astana Finance Days forum on September 9 and 10, 2026. www.trend.az
[○ 1 SOURCE] The Astana Finance Days forum attracted 8,000 participants from 90 countries. www.trend.az
[○ 1 SOURCE] S&P changed the trend for Kazakhstan’s separate economic risk assessment from stable to positive. timesca.com
[○ 1 SOURCE] Major asset managers attending the forum, including BlackRock and Goldman Sachs, collectively manage over US$26 trillion in assets. www.trend.az
[○ 1 SOURCE] S&P Global Ratings lowered the industry risk score for Kazakhstan’s banking system from 7 to 6. timesca.com
[○ 1 SOURCE] The Islamic Finance Advisory Board discussed expanding the Islamic capital market and a concept for an Islamic Finance Centre of Excellence.
[○ 1 SOURCE] The improvement was attributed to tighter capital and liquidity oversight, stress testing, and regular asset-quality reviews. timesca.com

Sources

S&P Bolsters Kazakhstan’s Standing as Central Asia’s Financial Hub - The Times Of Central Asia [timesca.com]

2 days ago

Kazakhstan Advances Plans for a National Blue Taxonomy and Blue Finance Market - AIFC [aifc.kz]

1 day ago

World’s largest asset managers BlackRock, Goldman Sachs, Capital Group and Brookfield gather in Astana (PHOTO) [www.trend.az]

3 days ago