The structure of small and medium-sized businesses is currently represented by trade, rental and logistics. However, the production and technology business, which is of greatest interest, is not highlighted. Life insurers can support the development of this sector.
“Life insurers, who are institutional investors, have about 1.6 trillion rubles under management (8.5 trillion tenge at the National Bank exchange rate). Despite the fact that most of the money is invested in government securities and securities of large issuers, we are also interested in the small and medium-sized enterprise market. It is possible to finance the development of the manufacturing and technology sector in SMEs with the assistance of life insurers, who could use investments in digital financial assets (DFAs),” said Eugeny Shcheklanov, Managing Director of SberLife Insurance.
Photos are from open sources.
