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  • Citi to provide custody services to AIX
19 November, 2019 12:21

Citi to provide custody services to AIX

Citibank Kazakhstan JSC (Citi) became a custodian of the Astana International Exchange Central Securities Depository (AIX CSD). Citi will be offering settlement and safekeeping services for foreign securities trading at AIX, AIFC’s press service reports.

Citi to provide custody services to AIX | Strategy2050.kz

“AIX is excited to partner with Citi to support the growth of our business. The custodial relationship will support broadening our post-trade services and the introduction of new products”, CEO of AIX, Tim Bennett, said.

Andrey Kurilin, President of Citibank Kazakhstan JSC, commented that they at Citi are pleased to contribute their global custody expertise to the AIFC success.

“Our robust digital platform will help investors raise efficiency and reduce operational risks”, he said.
chronicle 2050

SMEs will make up at least 50% of the GDP

abour productivity will reach up to $126 000 and 3 to 6 y.o. kids will have 100% access to pre-school education in Kazakhstan.

Kazakhstan will fully satisfy its own market of POL in compliance with the new environmental standards

The share of non-primary exports in total exports will double and triple by 2040

Transition to Latin graphics will commence

95% of the population will speak Kazakh

15% of the area under cultivation will make use of water-saving technologies.

The issue of providing water for irrigation will be resolve

GDP per capita will stand at $60 000

The urban population will represent 70% of the total population in Kazakhstan