Association of Financiers of Kazakhstan

What Association of Financiers of Kazakhstan does

The Association of Financiers of Kazakhstan (AFK) is a professional nonprofit industry association founded in 2017 and headquartered in Almaty, Kazakhstan. It operates as the only association in the country specifically uniting financiers and financial sector professionals, with membership organized across five categories: banks, insurance organizations, securities market organizations, other financial organizations, and financial companies. AFK is governed by an AFK Council and an Advisory Council and operates under a published code of ethics.

The association's core product surface is a website-based platform (afk.kz) that delivers financial market analytics, a continuous market monitoring service (Монитор рынков) covering currency, money, and trade balance markets, regular reviews of the financial sector, budget and economic sector reviews, and thematic studies. Beyond analytics, AFK organizes professional events, runs a professional certification program for financial sector specialists, maintains a media publications archive, and hosts a financial literacy and consumer rights knowledge base aimed at both industry professionals and retail consumers. The platform is published bilingually in Russian and Kazakh and is promoted through Facebook, LinkedIn, and recurring event programming.

AFK's business model is a recurring subscription-based model funded primarily by membership dues paid by Kazakh financial institutions across its five membership categories. It does not publish pricing, has no disclosed revenue, and operates as a private nonprofit rather than a listed entity. Its go-to-market is community-led, anchored by institutional partnerships with the Agency for Regulation and Development of the Financial Market (ASA), Kazakhstan's principal financial regulator, and the Atameken National Chamber of Entrepreneurs, both of which are co-marketed on the AFK website.

Name

Association of Financiers of Kazakhstan

Legal name

Association of Financiers of Kazakhstan

Website

https://afk.kz

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

The Association of Financiers of Kazakhstan is a 2017-founded nonprofit professional association in Almaty that unites banks, insurers, and securities market participants through membership dues, providing financial market analytics, sector reviews, certification, and a financial literacy knowledge base.

Ownership category

akta.pro rank

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Membership fees: Revenue generated from membership dues paid by banks, insurance organizations, and securities market organizations. The Association maintains a member registry (Реестр членов АФК) and publishes financial sector analytics.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

The Association of Financiers of Kazakhstan (AFK) is a nonprofit professional industry association that provides financial market analytics, market monitoring, financial sector reviews, budget and economic sector analysis, member events, professional certification programs, and a financial literacy knowledge base to banks, insurance organizations, securities market participants, and other financial institutions in Kazakhstan.

Product overview

The Association of Financiers of Kazakhstan (AFK) operates as an industry association for financial sector professionals rather than a technology product company. AFK provides a unified platform of analytical services and professional programs including financial market analytics and monitoring, financial sector reviews, budget and economic analysis, member events organization, financial literacy knowledge base, media publications, and certification programs. The organization serves banks, insurance companies, securities market participants, and other financial institutions registered in Kazakhstan.

Differentiator

Problem solved

Functional benefit

Products and services

• Analytics and Market Monitoring Comprehensive financial analytics including market monitoring, expert surveys on monetary policy expectations, interest rates reviews, and macroeconomic analysis for the Kazakhstan financial sector.
• Financial Sector Reviews Regular analytical reviews of the Kazakhstan financial sector covering banking, insurance, securities markets, and capital markets.
• Budget and Economic Sector Reviews Analysis of Kazakhstan's budget balance and economic sector performance, including fiscal policy impacts.
• Member Events Organization Organization of professional events for AFK members including industry conferences, meetings, and networking activities.
• Financial Literacy and Consumer Rights Knowledge Base Educational resources for financial consumers including materials on financial literacy, consumer rights protection, quality improvement of financial services, and regulatory documentation.
• Certification Program Professional certification programs for financial industry specialists operating within the Kazakhstan financial market.
• Media Publications AFK's media coverage including interviews, videos, and press publications about the Kazakhstan financial industry.

Quantifiable outcome

• Serves as the primary analytical resource for Kazakhstan's financial sector

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Atameken NPP (National Chamber of Entrepreneurs)coreStrategic or Co-development PartnerAtameken NPP (National Chamber of Entrepreneurs 'Atameken') is shown as a partner organization with a logo displayed in the partners section of the AFK website.
• ASA (Agency for Regulation and Development of the Financial Market)coreStrategic or Co-development PartnerASA (Agency for Regulation and Development of the Financial Market) is shown as a partner organization with a logo displayed in the partners section of the AFK website.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Market position

Competitive moat3 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/afkkz
• LinkedInlinkedin.com/company/association-of-financiers-of-kazakhstan

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Association of Financiers of Kazakhstan