Russia, Georgia and CIS Payment Cards Yearbook

Kazakhstan - Summary

	Price: £75.00
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 82%. Central bank figures show that only 51% 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, while Kookmin Bank of Korea is the biggest shareholder in Bank CenterCredit. From Russia, Sberbank and VTB are keen to expand.

Kazakhstan Major Issuers	Kazkommertsbank, BTA Bank, Halyk Bank.

Kazakhstan Key Statistics 2010
Kazakhstan Population	16.4 million
Kazakhstan Cards	8.4 million (4.3 million active)