Best bank – Kazkommertsbank
Best debt house – DB Securities
Best local partner – Nurbank
This has been an excellent year for several Kazakh banks. Strong investor demand for Russian bonds has lowered their cost of funding, and central bank governor Grigori Marchenko’s reforms have helped the best banks to strong profitability, improved corporate governance and improved ratings.
Three banks have had a particularly good year. Bank TuranAlem has launched a Eurobond that enjoyed strong demand, and has also carved out a leadership role as market-maker in the country’s domestic bond market.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
