Kazakhstan

International sanctions against Russia and a slowdown in China’s economy have presented difficult challenges for Kazakhstan’s banking industry this year. Nevertheless, the country’s best domestic bank, Forte Bank, put in a good performance.

Citi is the best international bank in Kazakhstan, with a 25% market share of processed payments through correspondent accounts. It provides Kazakh clients with a variety of cross-border products, such as debt capital markets and services to those considering international expansion.

Citi is Kazakhstan’s best bank for corporate social responsibility after running initiatives to support the local community and to promote sustainability.

Halyk Finance wins best investment bank in Kazakhstan. Rated BB+ by Fitch, it has the highest credit rating among domestic banks with no foreign participation.

The Kazakhstan central bank’s reliance on an oversimplified toolbox to combat rising inflation could threaten its economy in the longer run. Seeking out alternatives and reassessing monetary policy is now more urgent than ever.

Home Credit Bank Kazakhstan has made tech disruption its brand over the years.

ForteBank is doing more than its fair share of helping Kazakhstan to navigate a difficult global environment.

ForteBank is doing more than its fair share of helping Kazakhstan to navigate a difficult global environment.