The Central Securities Depository (hereinafter referred to as the Central Securities Depository) announces its performance results for 2025[1].

The year in figures:

• The Central Securities Depository (hereinafter referred to as the Central Securities Depository) announces its performance results for 2025.

• The year in figures:

• 195,80 trillion tenge – the total amount of financial instruments held in nominee accounts at the Central Securities Depository. Over the course of the year, this figure rose by almost 10%

• 4,36 million brokerage accounts – in the Central Securities Depository’s book-entry system. In 2025, investors opened 1,54 million new accounts

• 2878 issues of securities are held in custody by the Central Securities Depository. This is 360 issues more than in the previous year

• 29,37 trillion tenge is the amount of government securities under custody representing an increase of almost 20%

• 119 professional participants entered into custody service agreements with the Central Securities Depository, which is 30 more than the corresponding figure for 2024

• 2252 registers of securities holders in the Central Securities Depository’s accounting system. Of these, 1200 are registers of share holders, 988 are registers of bond holders, and 64 are registers of mutual fund (MF) holders.

KCSD MAIN EVENTS IN 2025

In 2025, the Central Securities Depository continued to enhance its digital solutions by introducing new functions and automating key business processes:

• The WFC2025 Forum was held bringing together over 220 representatives from 80 financial organizations across more than 55 countries, including heads of leading international institutions and organizations

• As part of the expansion of partnerships with foreign depositories and international organizations, reciprocal accounts were opened with the central securities depositories of Turkey, Azerbaijan and Tajikistan. In addition, individual accounts were opened at the Central Securities Depository for non-resident depositors from Armenia, Hong Kong, the UAE and Kyrgyzstan.

• An online resource for foreign investors – capitalmarkets.kz was launched dedicated to the Republic of Kazakhstan’s bond market

• New functions have been implemented on the ‘Personal Account’ platform for clients, including the issuance and validation of digital signatures for non-residents, submitting applications to open and close bank accounts, viewing account balances, transfers between own bank accounts at the Central Securities Depository and second-tier banks, as well as simplified processing of information requests from the accounting system

• A successful pilot operation of integrated software was carried out to automate the contact centre, optimize customer interactions and improve servicing quality

• Transfers on active accounts with Euroclear and Clearstream accounting organizations have been automated, significantly reducing the time taken to complete transactions

• Software has been developed and implemented to automate the business processes for accepting securities for registrar services and terminating such services

• Software has been implemented to automate the management of corporate events relating to securities issued by international financial organizations and foreign financial instruments

• Software has been updated to automate the accounting of unclaimed funds

• The process of transferring undistributed funds following income payments as part of the paying agent service has been automated

• Software has been enhanced to automate the functions of a paying agent for securities issued in accordance with the legislation of the Republic of Kazakhstan.

ESG REPORT

The Central Securities Depository has for the first time published an ESG report as part of its annual report, which was prepared in accordance with the requirements of the Central Securities Depository’s Sustainable Development Policy (SDP).

The ESG report discloses information on the Central Securities Depository’s activities and initiatives across three key areas: environmental, social and governance.

In 2025, the Central Securities Depository completed the implementation of the action plan for the Sustainable Development Policy (SDP) for 2023–2025. Taking into account the results of implementation of this plan and the SDP, the Central Securities Depository approved an action plan for 2026–2028 on SDP implementation. The new plan includes 26 measures ensuring the comprehensive implementation of SDP provisions across the ESG areas.

A full version of the KCSD Annual Report for 2025 is available via the link.