The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Kazakhstan

Awards of Excellence

Central Asian regional awards


Best Bank: Kazkommertsbank
Best Debt House: ABN Amro
Best M&A House: Credit Suisse
Best Equity House: Visor Capital

In the past few years it has been hard to separate the top three banks in Kazakhstan, with Kazkommertsbank, Bank Halyk and Bank TuranAlem all well-established financial institutions. By assets Kazkommertsbank is the smallest of the three, although it has been arguably the boldest in raising capital to grow its lending portfolio. Its dual-tranche bond in the fourth quarter of 2006 included the largest and longest tenor for a sterling bond for a Kazakh borrower – a £350 million ($694 million) five-year tranche – and the longest euro tenor – a €750 million 10-year tranche Compared with Halyk Bank, Kazkommertsbank has adopted a much more aggressive strategy for growth this year, with its plans including a rebranding of its retail branch to Kazkom, opening up to 80 more branches in Kazakhstan and establishing internet banking services by January 2008. These moves should help Kazkommertsbank, which wins the best bank award, close the gap on Halyk’s position as Kazakhstan’s leading retail institution.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree