ForteBank (en)

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ForteBank Joint Stock Company is one of the leading banks of Kazakhstan that has been successfully operating on the market for more than 20 years.

ForteBank JSC has an extensive branch network consisting of 20 branches and more than 100 outlets. It also has a wide network of acquiring devices, consisting of:

Nearly 20 000 POS-terminals at merchants
Nearly 200 POS-terminals at the cash withdrawal offices
Nearly 900 ATMs, of which:
Nearly 600 cash-in ATMs
More than 300 cash-out ATMs
More than 200 self-service terminals

Financial indicators of ForteBank over six months of 2021 are presented based on the consolidated financial statement. Based on the results of six months of 2021, ForteBank has demonstrated growth in regards to every key financial and operational indicator.

Assets
The assets have grown by 6% and amounted to KZT 2 205 billion. The bank is ranked 5th with the share of 6.5% in regards to assets in the banking sector of Kazakhstan.

Loans
The loan portfolio has increased by 0,6% and amounted to KZT 754 billion. The Bank’s share in the banking sector amounts to 5%.

The loan portfolio quality has improved, the delinquent loans share according to the method of the National Bank of the Republic of Kazakhstan as at 01.07.2021 is 6,18%, compared to 7,16% as at the beginning of the year.

Deposits
The deposit portfolio has grown by 10% and amounted to KZT 1 527 billion. The Bank’s share in the banking sector amounts to 6%.

The liquidity level has a significant reserve, K4 working capital ratio (current assets to short-term obligations ratio) is 185%, given the standard of at least 30%.

Capital and profit
Net profit for six months of 2021 has increased in comparison to the similar period of 2020 by 2%, amounting to KZT 31.6 billion.

The equity capital of the Bank amounted to KZT 243 billion. K1 capital adequacy ratio (the banks equity capital to the risk-weighted assets ratio) is about 19%, given the standard, taking into consideration the conservation buffer, of more than 7.5%.

Key events of 2017: 

Moody’s agency improved ForteBank JSC ratings outlook from “stable” to “positive”;
S&P Global Ratings agency improved ForteBank JSC ratings according to the national scale from “kzBB” to “kzBB+”. It has reconsidered ForteBank JSC ratings outlook from “Stable” to “Positive” and confirmed the long-term and short-term credit ratings of an issuer bank at “B/B” level;
Markswebb, a Russian analytics agency, ranked ForteBank’s mobile app as No.1 in Kazakhstan and amоng top 10 in CIS;
During the international conference “Kazakhstan Growth Forum K17”, ForteBank won the award “Transformer 2017” in the “Bank Transformation” nomination, for the innovative approach to conducting business;
ForteBank recognized as “Bank of the Year in Kazakhstan” according to The Banker;
ForteBank recognized as the best bank in Kazakhstan according to Global Finance.

Key events of 2018:

In March 2018, ForteBank JSC was recognized as the best bank in Kazakhstan according to Global Finance;
In July 2018, Fitch Ratings agency assigned ForteBank JSC a “B” level rating, with “stable” outlook;
In November 2018, S&P Global Ratings agency confirmed the outlook for ForteBank JSC as “positive”;
In November 2018, The Banker, a prestigious international periodical, granted ForteBank JSC “The Best Bank in Kazakhstan” award;
In December 2018, The International Banker print publication granted ForteBank JSC the award “The Most Innovative Bank in Retail Business in Kazakhstan”.

Key events of 2019:

In March 2019, ForteBank JSC was recognized as the best bank in Kazakhstan according to Global Finance;
In June 2019, S&P Global Ratings agency improved rating of ForteBank JSC from “B” to “B+”, with “Stable” outlook;
In July 2019, Moody’s agency improved rating of ForteBank JSC from “B3” to “B1”, with “Stable” outlook;
In December 2019, Fitch Ratings agency reconsidered the outlook of ForteBank JSC as “Positive”; the rating was confirmed at “B” level;
In December 2019, ForteBank JCS was recognized as the bank of the year in Kazakhstan, according to Asiamoney;

Key events of 2020:

In March 2020, ForteBank JSC was recognized as the best bank in Kazakhstan according to the international magazine Global Finance;
In June 2020, S&P Global Ratings agency confirmed ForteBank JSC rating at “B+” level, with “Stable” outlook;
In November 2020, Fitch Ratings improved the outlook for ForteBank JSC to stable; the rating was confirmed at “B” level;
In November 2020, The Banker, a prestigious international periodical, granted ForteBank JSC “The Best Bank in Kazakhstan” award;
In December 2020, Moody’s agency improved rating of ForteBank JSC from “B1” to “Ba3”, with “Stable” outlook;
In December 2020, ForteBank JSC was recognized as the best bank in Kazakhstan according to Asiamoney.

Key events of 2021:

In April 2021, ForteBank JSC was recognized as the best bank in Kazakhstan according to the international magazine Global Finance;
In July 2021, ForteBank JSC was recognized as the best bank in Kazakhstan according to the prestigious international periodical Euromoney;
In September 2021, S&P Global Ratings agency improved the outlook of ForteBank JSC from “Stable” to “Positive”, improved the rating according to the national scale from “kzBBB” to “kzBBB+” and confirmed the long-term and short-term ratings at “B+/B” level;
In September 2021, Fitch Ratings agency improved the long-term rating of ForteBank JSC from “B” to “B+” and improved the outlook from “Stable” to “Positive”. The national scale rating was improved by two steps, from “BB+(kaz)” to “BBB(kaz)”; the stability rating was improved from “b” to “b+”;
We in social media:

Global Development

«Глобал Девелопмент» — один из крупнейших и наиболее известных собственников недвижимости на рынке коммерческой недвижимости в Центральной Азии.

The Ritz-Carlton, Astana

The Ritz-Carlton, Astana, расположенный в одной из башен комплекса Talan Towers, является первым отелем класса люкс в столице Казахстана.

The Carlton, Moscow

Роскошный отель воплощает красоту Москвы через уникальные элементы в архитектуре, авторскую кухню и великолепные виды.

Rixos Borovoe

Всесезонный пятизвездочный резорт-отель Rixos Borovoe расположен на озере Щучье, в 15 км от железнодорожного вокзала Боровое и в 287 км от международного аэропорта города Астана.

Mareterra

Mareterra — это масштабный проект, который преобразует облик Монако: новая, прекрасная территория с жилыми, культурными и рекреационными пространствами, воплощающими дух и атмосферу Средиземноморья.

Global Development

«Глобал Девелопмент» — один из крупнейших и наиболее известных собственников недвижимости на рынке коммерческой недвижимости в Центральной Азии.

The Ritz-Carlton, Astana

The Ritz-Carlton, Astana, расположенный в одной из башен комплекса Talan Towers, является первым отелем класса люкс в столице Казахстана.

The Carlton, Moscow

Роскошный отель воплощает красоту Москвы через уникальные элемены в архиткетуре, авторскую кухню и великолепные виды.

Rixos Borovoe

Всесезонный пятизвездочный резорт-отель Rixos Borovoe расположен на озере Щучье, в 15 км от железнодорожного вокзала Боровое и в 287 км от международного аэропорта города Нур-Султан.

Mareterra

Mareterra — это масштабный проект, который преобразует облик Монако: новая, прекрасная территория с жилыми, культурными и рекреационными пространствами, воплощающими дух и атмосферу Средиземноморья.

ForteBank

Акционерное Общество «ForteBank» является одним из ведущих казахстанских банков и успешно работает на рынке банковских услуг уже более 20 лет. АО «ForteBank» располагает разветвленной филиальной сетью, которая насчитывает 20 филиалов и более 100 отделений.

Beeline Казахстан

Компания является лидером по количеству клиентов среди телекоммуникационных операторов Казахстана. Предлагает услуги мобильной и фиксированной телефонии, международной и междугородней связи, передачи данных, доступа в интернет на базе беспроводных технологий, оптоволоконного доступа, Wi-Fi, а также сети третьего и четвертого поколения.

Beeline Казахстан

Компания является лидером по количеству клиентов среди телекоммуникационных операторов Казахстана. Предлагает услуги мобильной и фиксированной телефонии, международной и междугородней связи, передачи данных, доступа в интернет на базе беспроводных технологий, оптоволоконного доступа, Wi-Fi, а также сети третьего и четвертого поколения.

© Verny Capital 2024,
All rights reserved

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Phone: +7 (7172) 73-50-50
Fax: +7 (7172) 73-50-51
Email: info@vernycapital.com

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© Verny Capital 2024,
All rights reserved

Lazzat Borankulova

Executive Director

Responsible for management of the investment portfolio of the company and the Group’s investmentstrategy, oversees company’s assets in the telecommunications and financial sector.Prior to this, Lazzat was member of the Supervisory Board of Samruk-Kazyna Invest LLP and lead thestrategy development and investment strategy execution directions of Samruk Kazyna Fund.Lazzat has experience in business planning, asset management and restructuring.
She has degrees from KIMEP University (MBA), Manchester Business School (Master’s degree in Finance) and Harvard Business School (Executive AMP).

Lazzat Borankulova

Executive Director

Responsible for management of the investment portfolio of the company and the Group’s investmentstrategy, oversees company’s assets in the telecommunications and financial sector.Prior to this, Lazzat was member of the Supervisory Board of Samruk-Kazyna Invest LLP and lead thestrategy development and investment strategy execution directions of Samruk Kazyna Fund.Lazzat has experience in business planning, asset management and restructuring.
She has degrees from KIMEP University (MBA), Manchester Business School (Master’s degree in Finance) and Harvard Business School (Executive AMP).