ForteBank Kazakhstan

Key details

• Parent: assets
• Launch: 1990

Overview

ForteBank Kazakhstan is Kazakh commercial bank + one of Kazakhstan's mid-sized commercial banks by assets + founded 1990 in Almaty Kazakhstan as Alfa-Bank Kazakhstan then 1999 Temirbank then Feb 4 2015 ForteBank rebrand via consolidation of Temirbank + Alliance Bank + ForteBank [1, kz-cro].

History

1990 — Alfa-Bank Kazakhstan founded in Almaty Kazakhstan.

1999 — Temirbank rebrand.

Feb 4 2015 — ForteBank consolidated via merger of Temirbank + Alliance Bank + ForteBank distinctive Kazakh banking consolidation.

2014 — Forte Mobile banking app launch.

Ownership & operator

Operating entity: ForteBank JSC (Kazakh commercial bank).

Major shareholders: Bulat Utemuratov (Kazakh oligarch + businessman) ~80%+ controlling + Kazakh retail + institutional + foreign investors free float.

Regulators: National Bank of Kazakhstan NBK + ARDFM Agency for Regulation + Development of Financial Markets.

Technical integration

Forte Mobile app (iOS + Android) + forte.kz online + ForteBank branch network across Kazakhstan + Forte Visa + Mastercard cards; EMVCo QRCPS QR payments + KazPay QR (Kazakh national QR payment scheme) + Kazakh Tenge KZT domestic transfers.

Implementations & partners

Major Kazakh banking + payments competitors: [[kaspi-kz]] (Kaspi.kz JSC; LON: KSPI NASDAQ: KSPI; Kazakh fintech super-app + commercial bank) + [[halyk-homebank]] (Halyk Bank Kazakhstan; LON: HSBK; Kazakhstan's largest commercial bank by assets) + [[bank-centercredit]] (Bank CenterCredit; Kazakh commercial bank) + [[jusan-bank]] (Jusan Bank Kazakhstan; Kazakh commercial bank).

Regulators: National Bank of Kazakhstan NBK + ARDFM Agency for Regulation + Development of Financial Markets.

Status

Active, Kazakh commercial bank + one of Kazakhstan's mid-sized commercial banks by assets + founded 1990 in Almaty Kazakhstan as Alfa-Bank Kazakhstan then 1999 Temirbank then Feb 4 2015 ForteBank rebrand via consolidation of Temirbank + Alliance Bank + ForteBank [1, 2].

Sources

• 1 Forte — official
• 2 Forte — Wikipedia
• kz-cro In-corpus: reports/countries/KZ-kazakhstan.md

Source

Biography extracted from forte-bank-kz.md. See matrix.md for standards-support matrix if present.