EN
7 January 2026, 04:03
English
Information/
Market and Company News
30.12.2025 16:43 #Corporate events

ForteBank announces successful acquisition of Home Credit Bank JSC (SB of ForteBank JSC)

/KASE, December 30, 2025/ – ForteBank JSC (KASE ticker – ASBN) reported as follows:

quote

The purchase of the 100 % stake in Home Credit Bank JSC (SB of ForteBank JSC) has been completed, according to ForteBank. The Bank now owns 100 % of Home Credit Bank, up from 75 %. Home Credit Bank's only stakeholder is now ForteBank.

On June 27, 2025, ForteBank JSC made the initial announcement that it has achieved an agreement in principle with the shareholders of Home Credit Bank JSC (Kazakhstan) to purchase all of the bank's shares.

"A crucial step in putting our long-term plan into action is finishing the purchase of Home Credit Bank," Talgat Kuanyshev, CEO of ForteBank JSC, stated. "We are strengthening our market position, improving the stability of the bank, and creating new potential for high-quality growth for our clients."

"By combining the expertise of the two banks, we will expand our product line and sharpen our focus on service quality and reliability."

Home Credit Bank continues to fulfill all its obligations to clients, and contracts and services remain in place. For ForteBank and Home Credit Bank clients, the terms of service and operating procedures for all channels remain unchanged: branches, call centers, and digital services operate as usual.

unquote

The full version of the press release is available at – see more

[2025-12-30]