The Akimat of Kyzylorda Region and JSC "ForteBank" confirmed joint plans for cooperation in the region

Astana, May 12, 2017

PRESS RELEASE

A key component of the ceremonial event was the signing of a Memorandum of Cooperation, in which the parties confirmed their intention to expand joint work in attracting investments and financing projects in the region.

The presentation dedicated to the start of construction of a high-tech modern office complex in the very heart of the new administrative and business center of Kyzylorda was attended by Krymbek Kusherbaev, the Akim of Kyzylorda Region, and Magzhan Auezov, the Chairman of the Management Board of JSC "ForteBank".

"ForteBank is currently one of the largest and most promising banks in the country and Central Asia, and occupies leading positions in terms of capital adequacy and liquidity indicators. Today, another significant event is the beginning of the construction of the new bank office. The project, designed in a 'high-tech' style, will not only improve the quality and expand the scope of service for the bank's clients but will also give a unique architectural appearance to our city. We are confident that the implementation of joint projects will provide a positive impetus for the development of our region," Krymbek Kusherbaev noted in his speech.

"We highly value the long-term partnership with the Akimat of Kyzylorda Region. The bank is already confidently moving towards leading positions in providing services to individuals and companies in the region. More than 28,000 individuals and about 3,000 companies are clients of the regional branch of ForteBank. The signing of the Memorandum and the beginning of construction of the new office in Kyzylorda are important steps in the implementation of the bank's strategy aimed at strengthening and expanding operations in all regions of the country," emphasized Magzhan Auezov in his report.

The architecture of the building is in a modern industrial high-tech style. A distinctive feature of the exterior is a fully transparent glass facade, embodying transparency and openness.

The interiors are designed for ForteBank by the Italian design bureau Dinn in accordance with the concept of modern banking service. The office layout includes 24/7 access to ATMs and terminals, self-service zones to relieve clients from waiting in lines, conference rooms, and halls that clients and guests of the bank can use.

In 2016, the concept and design of the new ForteBank branches were recognized among the 12 best bank branch designs in the world according to The Financial Brand (USA).

The new format branches are already successfully operating and serving clients in Astana, Almaty, Shymkent, and Kaskelen.

General information about the bank

JSC "ForteBank" is one of the largest banks in Kazakhstan, established in 2015 as a result of the merger of JSC "Alliance Bank", JSC "Temirbank", and JSC "ForteBank". The bank is represented in all regions and cities of the country with 19 branches and 102 offices, as well as an extensive terminal and acquiring network consisting of over 800 ATMs and about 7,000 POS terminals in trade and service enterprises. The bank employs over 3,500 specialists. As of December 31, 2016, JSC "ForteBank" ranks first in terms of capital adequacy among the largest banks in the country.

For contact:

ForteBank Press Service

Phone: +7 (7172) 59 99 99 (ext. 10427, 10975)

E-mail: press@fortebank.com ​