Kazakhstan

Bank CenterCredit, one of Kazakhstan’s oldest commercial banks, has evolved to form the backbone of the corporate system that stabilizes the economy. Its extensive branch network and its universe of correspondent relationships with more than 40 foreign banks have proved indispensable in these last few years.

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.

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

There are few Asiamoney awards categories for Kazakhstan that Halyk Bank doesn’t have a reasonable claim to this year. Its investment and corporate banking franchises are hard to beat, while its role in supporting small and medium-sized enterprises and its prowess in disrupting its own business model deserve a shoutout.

There are few Asiamoney awards categories for Kazakhstan that Halyk Bank doesn’t have a reasonable claim to this year. Its investment and corporate banking franchises are hard to beat, while its role in supporting small and medium-sized enterprises and its prowess in disrupting its own business model deserve a shoutout.

Alfa Bank has married its SME focus and its digital ambitions to much success in Kazakhstan, but will its business model be enough to ward off the competition?

Since Kazakhstan left the Soviet Union and embraced capitalism, its banks have been locked in a boom-bust cycle, but a banker who lamented the passing of Communism has emerged as the industry’s leader. Now Halyk Bank’s Umut Shayakhmetova faces what could be her biggest test yet.