Russia and CIS Payment Cards Yearbook

Kazakhstan - Summary

Kazakhstan Market Overview

  
Kazakhstan Payment Organization National Processing Center
   
Kazakhstan Domestic Card Brands Altyn Card, SmartAlemCard, KazCard
   
Kazakhstan Market Structure

Though several banks issue proprietary domestic debit cards, nearly all cards are internationally-branded. Visa predominates, with market share close to 80%.

Central bank figures show that only 49% of cards issued are classed as active.

The four largest banks account for two-thirds of banking sector assets. All needed government support as a result of the credit crunch.

Of the top 10 banks, ATF and Kaspi are foreign-controlled, by UniCredit and Baring Vostock respectively. The market share of foreign banks is only 15% of banking sector assets. From Russia, Sberbank and VTB are keen to expand.
   
Kazakhstan Major Issuers Kazkommertsbank, BTA Bank, Halyk Bank.
   

Kazakhstan Key Statistics 2009

  
Kazakhstan Population 15.6 million
Kazakhstan Cards 7.6 million (3.7 active)

 

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