Forte Bank


Joint Stock Company "ForteBank" is one of the leading Kazakhstani banks and has been successfully operating in the banking services market for more than 20 years.

JSC "ForteBank" has an extensive branch network consisting of 19 branches and about 100 offices. It also has an extensive network of acquiring devices, numbering:

  • More than 9000 pos-terminals in trade and service enterprises
  • About 200 pos-terminals at the cash withdrawal points
  • About 800 ATMs
  • 200 cash-in ATMs

ForteBank announced the results of its activities for the year 2017, based on audited consolidated financial statements. According to the results of 2017, ForteBank has demonstrated qualitative growth in all key financial and operational indicators.

Assets have increased by 19% and amounted to KZT 1,445 billion, against the background of a 5% decline in assets in the market.

The loan portfolio has increased by 8% to KZT 672 billion, against the background of a general market decline of 14%.

The quality of the loan portfolio has improved, the share of non-performing loans by the methodology of the National Bank of the Republic of Kazakhstan dated 01.01.2018 amounted to 7.24% compared to 7.48% a year earlier.

The deposit portfolio increased by 22% and amounted to KZT 981 billion, against the backdrop of a 3% decline in the market.

Liquidity remains one of the highest in the market, the current liquidity ratio K4 (the ratio of current assets to short-term liabilities) is 230%, given the norm of not less than 30%

Capital and Profit
Net profit increased by 70% compared to the same period of 2016, amounting to KZT 19.7 billion.

The bank's own capital grew by 9.1% and amounted to 194 billion tenge. The capital adequacy ratio K1 (the ratio of the bank's own capital to assets weighted by risk) was about 19%, with a norm of at least 5.5%.

Key events of 2017:

  • Moody's has upgraded ForteBank's outlook from "stable" to "positive";
  • S&P Global Ratings upgraded the rating of JSC "ForteBank" on the national scale from "kzBB" to "kzBB+". Revised the outlook on ForteBank's ratings from Stable to Positive and confirmed the long-term and short-term credit ratings of the bank's emitter at the level of "В/В";
  • Russian analytics agency Markswebb has rated the ForteBank mobile app number #1 in Kazakhstan and among the top 10 in the CIS;
  • at the International Conference "Kazakhstan Growth Forum K17", ForteBank won the award "Transformer of 2017" in the nomination "Banking transformation" for innovation in business;
  • ForteBank was recognized as the Bank of the Year in Kazakhstan according to The Banker
  • ForteBank is recognized as the best bank in Kazakhstan according to Global Finance.

Инвестиционные проекты