JSC «Fund of Problem Loans» will take part in the 2025 Knowledge Exchange Initiative (KEI), organized by the Council on International Financial Cooperation (CIFC, Republic of Korea). The program will be held in Seoul from September 21 to 27, 2025, and will focus on the development of capital markets and insurance.

International Format and Participants

The program will be attended by representatives of government financial agencies and specialized institutes from Kazakhstan, India, Uzbekistan and Vietnam. Leading financial sector organizations are expected to participate from Korea, including the Korea Institute of Finance (KIF), the Korea Asset Management Corporation (KAMCO), the Korea Financial Investment Association (KOFIA), the Korea Insurance Development Institute (KIDI), the Korea Securities Depository (KSD), as well as the Life Insurance Association (KLIA) and the General Insurance Association (GIAK).

Objectives and Content of the Program

The KEI initiative is aimed at deepening mutual understanding and sharing experiences among partner countries in the field of financial policy and regulation. As part of the program, participants will be able to attend lectures and seminars on global financial trends, take specialized courses on insurance and capital markets, join collaborative learning sessions, and visit leading financial institutions in Korea. In addition, a cultural program will be arranged for the delegations.

Special attention will be given to the resolution of distressed assets based on KAMCO’s experience, the development of the insurance market, digital finance, and the strengthening of financial infrastructure.

Significance for Kazakhstan

Participation of the Fund in the KEI initiative will provide an opportunity to strengthen cooperation with international financial institutions, study Korea’s best practices and those of other participating countries in managing distressed assets and developing capital markets, as well as enhance the Fund’s expertise in regulating financial instruments and insurance. All expenses related to travel and accommodation of participants will be covered by CIFC.