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World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Kazakhstan

Global Kazkommerts Investment Bank

$3.2 million
Banking
Project Brief
Not Active
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MIGA issued $3.2 million in coverage to Global Menkul Degerler A.S. of Turkey for equity contribution to the establishment of an investment bank in Kazakhstan. The MIGA guarantee covers the risks of transfer restriction and expropriation.

Global Kazkommerts Investment Bank, the project enterprise, will offer a broad range of investment banking services to customers, including corporate finance, mergers and acquisitions, brokerage and advisory services, and equity research. The project will create about 35 local jobs, and employees will be trained locally and abroad. In addition, the project is expected to generate $1.2 million in annual tax revenues.

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