Kazakhstan characterized by high degree of nation's financial literacy

YALTA. July 5. KAZINFORM "Kazakhstan is one of those countries that always come first to implement international standards of doing business in financial sector," Director General of the Financial and Banking Council of CIS Pavel Nefidov at the IV International Investment Forum in Yalta.

photo: QAZINFORM

According to Pavel Nefidov, financial markets' participants are interested in experience of the Regional Financial Center in Almaty (RFCA) and in Kazakhstan's banking sector.

The Russian expert also noted the efficiency of pension system performance in Kazakhstan. "A high degree of Kazakh peoples' involvement into the stock exchange activity and higher degree of financial literacy are precisely the derivatives of the pension system modernization, which has been held in Kazakhstan," Nefidov concluded.