Kazkommerts Securities a second consecutive year has nominated as the best underwriter in Kazakhstan
January 16, 2017, Almaty. - Investment brokerage company Kazkommerts Securities - a subsidiary of Kazkommertsbank - once again recognized as the best underwriter in Kazakhstan following the results of activity in 2016 in the ranking of the Kazakhstan local bonds underwriters by the financial information agency Cbonds.
During 2016 Kazkommerts Securities as sole underwriter placed nine issues of debt securities worth a total of KZT 306.6 bn., having taken thus 74% of the market. In this case the total volume and the number of bond issues placed by the all eight underwriters in the primary market in 2016 amounted to KZT 413 bn. and 19, respectively.
Thus, Kazkommerts Securities became the leader in terms of volume and number of placements of corporate bonds in the debt capital market of Kazakhstan.
"Overall, 2016 was a difficult year for the economy of Kazakhstan, but, despite this, Kazkommerts Securities team managed to keep the leading position in the ranking of local underwriters of bonds of Kazakhstan. We are optimistic for 2017 and in part of the debt capital market expecting to revive of the demand from investors to short-term bond issues of qualified issuers in Kazakhstan ", - said the CEO of "Kazkommerts Securities" JSC Chingiz Zhaksybek.
Each year, the agency Cbonds publishes the ranking of investment banks, underwriters, working in the corporate bond markets of Russia, Ukraine and Kazakhstan. Kazkommerts Securities second consecutive year, takes 1st place in the ranking of Cbonds with a significant margin from the nearest competitor in terms of volume and number of issues placed on the bond market of Kazakhstan.
The full version of underwriters ranking of Kazakhstani underwriters on the basis of 2016 can be found here: http://cbonds.ru/rankings/item/399.
Cbonds – one of the leading information agencies specializing in financial markets. The Group operates in Russia, Ukraine and Kazakhstan. Cbonds monitors the news and financial markets, supports a database on all issues of debt securities and publishes rankings of the leading investment banks and leading issuers.
Kazkommerts Securities – 100% subsidiary of Kazkommertsbank, which was established in 1997 and is one of the leading investment banks in Kazakhstan, provides a full range of investment banking services including brokerage, securities trading, financial advisory and underwriting (release of the organization and placement of debt and equity securities), corporate finance services, investment portfolio management and analytical services.
Oleg Khvan, Director of Investment Banking Department of Kazkommerts Securities
Tel.: +7 (727) 2 585 145 (ext.58015), e-mail: OKhvan@kkb.kz
Ainura Dzhumadilova, Deputy Director of Investment Banking Department of Kazkommerts Securities
Tel.: +7 (727) 2 585 145 (ext. 58051), e-mail: AJumadilova@kazks.kz
Assel Akbarova, Chief specialist of Investment Banking Department of Kazkommerts Securities
Tel.: +7 (727) 2 585 145 (ext. 58025), e-mail: AAkbarova@kazks.kz