Kazakhstan ranked 70th out of 150 countries in the investment security ranking prepared by the international consulting firm Henley & Partners. The country received a score of 60.72 for the overall risk indicator and 38.15 for the resilience level, Forbes.kz reports.
Switzerland topped the ranking with a score of 88.4. Among CIS countries, Kazakhstan ranked below Armenia, Belarus, Azerbaijan, and Russia, but ahead of Kyrgyzstan, Tajikistan, and Uzbekistan. The assessment took into account political stability, inflation, governance, public finances, and the strength of the national currency.
Analytical Commentary
Kazakhstan's position in the ranking reflects both the achievements and ongoing challenges of the investment environment. Over the past six years, the country's banking sector has undergone significant changes: banks have accelerated digitalization, expanded online services, and improved risk management. Important factors have included the strengthening of the role of large financial institutions, the development of fintech, and the transition of clients to cashless payments.
At the same time, the banking system faced external challenges—inflationary pressure, changing interest rates, and the need to improve the quality of the loan portfolio. The National Bank and financial regulators pursued a more cautious monetary policy aimed at maintaining tenge stability and controlling inflation.
To enhance investment attractiveness, Kazakhstan needs to continue strengthening its financial institutions, developing competition in the banking sector, and increasing investor confidence. A stable banking system remains a key factor in attracting long-term capital and sustainable economic growth.
CentralasianLIGHT.org
July 9, 2026