Kazakhstan is currently in a state of emergency as protests and clashes of people with authority forces enter into its fifth day. We evaluated that the social unrest and lending companies’ ability to make and receive payments at this moment are a reason for Mintos to react proactively to this situation.
To protect our investors from exposure to loans from geography with heightened market risk, we are:
- Removing all loans from Kazakhstan from the Primary Market
- Removing all companies that issue loans in Kazakhstan from the Mintos strategies
- Pausing placement of new loans from Kazakhstan on the Mintos platform until the situation stabilizes and banks re-open
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AS Mintos Marketplace (registration no. 4010390364, legal address: Skanstes iela 50, Riga, LV – 1013, Latvia) is an investment firm licensed and supervised by the Financial and Capital Market Commission (www.fktk.lv, address: Kungu iela 1, Riga, LV – 1050, Latvia; phone: +371 67774800; email: firstname.lastname@example.org). License number 06.06.08.719/534.
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