Best private bank: FortePremier (ForteBank)
FortePremier, the premium service of ForteBank, has once again been recognised as Kazakhstan’s best private bank, reaffirming its position as the market’s leading wealth management institution. Its success this year rests on a combination of financial strength, disciplined execution and an unwavering commitment to client service, against a backdrop of currency volatility.
The bank’s private banking arm delivered impressive growth in assets under management (AUM), expanding by a double-digit percentage and demonstrating its continued ability to attract and retain affluent clients. This momentum reflects both the depth of its advisory expertise and the trust placed in it by high-net-worth (HNW) individuals.
Profitability also remained exceptionally strong. The bank reported solid revenues and maintained a notably low cost-to-income ratio, underscoring its operational efficiency. Its return on equity significantly outperformed industry norms, highlighting its capacity to translate prudent management into measurable shareholder value.
Client acquisition remained a key pillar of performance, with the client base expanding steadily and a substantial proportion of Kazakhstan’s most prominent individuals among those served. Consistent inflows of new client assets further supported revenue growth and reinforced the bank’s position as the preferred partner for wealth management.
Finally, its transparent reporting in local and foreign currency showcased resilience and adaptability, ensuring clients receive an accurate and reliable view of performance.
