J.P. Morgan announced today that it has opened a representative office in Almaty, the country’s financial capital, further enhancing the reach and capabilities of its successful investment banking franchise.
The office is supported by J.P. Morgan’s industry and product teams worldwide, providing local Kazakhstan-based clients with a diversified line of investment banking products, including debt and equity capital markets, mergers and acquisitions, and global markets solutions. The office will also promote J.P Morgan’s extensive range of specialized treasury & securities services.
Timur Kunanbayev, Kazakhstan country head at J.P. Morgan, said: “We are delighted to announce the official opening of our representative office in Kazakhstan. J.P. Morgan has been doing business here for many years and will continue to invest in the region, where we anticipate significant growth opportunities. We look forward to serving our clients in the coming years.”
J.P. Morgan has been present in the Kazakhstani market since the late 1990s and has been involved in a number of landmark transactions in the country, including ground-breaking M&A deals, major international IPOs and numerous bond issues from Kazakh issuers.