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Issuer Day of Home Credit Bank
On June 21, KASE hosted the Issuer Day of Home Credit Bank JSC.
Top managers of the bank led by Kiril Bachvarov told the audience about the financial results of the bank and its shareholders – PPF Group.
They also talked about risks in business, the product range, the app for SMEs launched last year, and the parameters for issuing and placing the bank's bonds.
As part of the Issuer Day, a panel discussion was held on the topic "Macroeconomics and the investment market of Kazakhstan in 2024" featuring Kazakhstan's leading financial experts.
Home Credit Bank is the only European bank in Kazakhstan with a Fitch rating of "BB-", outlook "Stable".
In 2023, the bank's net profit increased by 42 % to 24.7 billion tenge. The bank's assets exceed 823 billion tenge, and Kazakhstan's residents (individuals and companies) keep more than 387 billion tenge on deposits in the bank.