Kazkommertsbank (QAZKOM, KASE: KKGB, LSE: KKB) is the largest commercial bank in Kazakhstan. According to the regulator of the Kazakhstan financial services market (FSA) on September 1, 2014, it ranks first in terms of equity,
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Kazkommertsbank (QAZKOM, KASE: KKGB, LSE: KKB) is the
largest commercial bank in Kazakhstan. According to the regulator
of the Kazakhstan financial services market (FSA) on September 1, 2014, it ranks first in terms of equity, loan portfolio and the second (after Halyk Bank) - in terms of assets.
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Activities [edit] edit wiki-text] In addition to the
main banking sector (retail and corporate), Kazkom has subsidiaries
working in the areas of financial asset management, insurance and brokerage services. Kazkom also has subsidiary banks in the Russian Federation, Kyrgyzstan and Tajikistan.
Kazkom + BTA Bank On July 4, 2014, Kazkommertsbank completed the acquisition of BTA Bank shares. [6] In fact, this means full integration of the two banks. Integration was carried out to strengthen and consolidate the banking system of Kazakhstan, and return to the state treasury part of the funds that the government spent to save BTA during the global financial crisis. [7] In this regard, the sale of BTA Bank by the state is one of the final stages in the implementation of instructions of the President of the Republic of Kazakhstan on the withdrawal of the state from the shareholders of second-tier banks.
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Shareholders As of August 23, 2017, the composition
of shareholders holding common shares is as follows: For
today in Kazkom new management in the person of board and Board of directors. Narodny Bank owns 99% of Kazkom, most of it was bought from Kenes Rakishev, the remaining shares were current shares on the market. Umut Shayakhmetova emphasizes that after the transaction is completed, there are two separate legal entities with one owner - Halyk Group.
Social responsibility In June 2004, with the support of Kazkommertsbank, the Kus Zholy charity foundation was set up, which aims to introduce effective philanthropy, as well as to implement the bank's strategy as a socially responsible financial institution. In 2008, Kazkommertsbank together with the charitable foundation "Kus Zholy" and Visa company initiates and proceeds to issue charitable cards "Guardian Angel". Payments for the annual maintenance of the card come not to the bank's income, but to the Kus Zholy charity fund for the purchase of medical equipment, which the maternity departments of rural district hospitals are in urgent need.