Asia Stock Loans AFSA USD

Kazakhstan Stock Loans against AIX shares

A stock loan against shares you hold on Kazakhstan’s principal equity venue — for family offices, founders and controlling shareholders, without selling a single share.

01 · The Market

Asia

Kazakhstan equity markets.

We structure stock loans (securities-backed financing) against Kazakhstan-listed shares. It lets founders, family offices and controlling shareholders draw liquidity from a concentrated position without selling, without unsettling voting control, and with the full holding recovered on repayment. You stay the beneficial owner throughout.

Kazakhstan stock loans at a glance:

Listed venue	Astana International Exchange (AIX)
Regulator	Astana Financial Services Authority (AFSA)
Currency	USD
Principal indices	AIX Qazaq Index
Structure	Non-recourse, limited- or full-recourse

Regulatory references are published for general orientation and are not legal advice.

02 · Exchanges

One Venue

Each Kazakhstan exchange, covered.

AIX · Astana

Astana International Exchange

The exchange of the Astana International Financial Centre, operating under an English-common-law framework and trading principally in US dollars. A bridge venue for Central Asian and Kazakh sovereign-linked listings.

View AIX →

03 · FAQ

Kazakhstan · Stock Loans

What holders ask about Kazakhstan.

01How much can I borrow against Kazakhstan-listed shares?

The loan-to-value is set to your holding — its free float, daily traded volume, volatility, and your own regulatory standing. A large-cap with deep free float supports a higher LTV than a thin mid-cap, and a non-recourse structure runs lower than a full-recourse one on the same stock. We quote indicative ratios only after reviewing the position.

02Which Kazakhstan exchanges can I borrow against?

We cover Astana International Exchange (AIX). Financing is arranged against shares listed there; which venue applies depends on the issuer’s primary listing and how the holding trades.

03What currency can the facility be drawn in?

The default is USD, the listing currency. Cross-currency structures — drawing a USD or EUR loan against the position — are common, and bring hedging, settlement and tax points we set out expressly in the documentation.

04Who regulates these transactions in Kazakhstan?

Astana Financial Services Authority (AFSA) is the principal regulator. Black Haven Investments lends as principal; lending and any regulated activity are conducted by, or through, appropriately licensed or registered entities in the relevant jurisdiction.

04 · Adjacent Markets

Asia

Countries adjacent to Kazakhstan.

Hong Kong · Japan · China · South Korea · Taiwan · Singapore · Australia · New Zealand · India · Thailand · Indonesia · Malaysia · Philippines · Vietnam · Pakistan · Sri Lanka · Bangladesh

All countries →

A particular Kazakhstan holding to talk through?

Send a confidential enquiry, and a senior principal will reply within one business day.

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