Kazkommertsbank is one of the largest commercial banks in the CIS and is the largest by total assets in Kazakhstan. The Bank provides a wide range of banking and financial services to corporate and retail clients across Kazakhstan and the surrounding region.
Headquartered in Almaty, the Bank services its retail clients through a network of branches in 45 cities across Kazakhstan. Kazkommertsbank also has international banking subsidiaries in Tajikistan and the Russian Federation.
Incorporated in 1991, Kazkommertsbank is now the leading provider of banking and financial services to both large and medium-sized corporations across every sector of Kazakhstan’s economy.
Employees across Kazkommertsbank’s vast network of branches contribute to maintaining the Bank’s leading position through their superior understanding of each client’s financial needs and ability to deliver the highest quality of service.
Quality of the Bank’s portfolio
Kazkommertsbank believes that maintaining its existing customer base, reducing the amount of non-performing loans and improving the quality of assets are all essential to ensure its sustainable development. In addition to developing the risk management system, the Bank will continue to assess all non-performing loans on a case-by-case basis with each client to help improve their accounts and to increase recovery rates. The Bank also aims to actively work on transferring non-performing assets to specialised distressed asset management subsidiaries.
Increase in fee & commission income
In order to cater our clients’ requirements, the Bank focuses on delivering a range of non-credit products and services, including trade finance operations, administration of tender guarantees, the sale and maintenance of payment cards and mobile and Internet banking services. Kazkommertsbank intends to redefine the quality of its capabilities to ensure it provides every client with the greatest amount of support and services.
Development of remote banking channels
To maintain Kazkommertsbank’s reputation as the most technologically advanced bank in the country, it constantly develops its remote services, such as Internet banking, card payment infrastructure, Internet acquiring, and mobile services and applications. Developing remote banking channels demonstrates how Kazkommertsbank is committed to employing world-class practices to preserve resources (particularly non-renewables), save clients' time and improve customer experience.
The Bank’s main priority is to keep operating costs low to ensure that Kazkommertsbank maintains its highly competitive position as the most efficient financial institution in Kazakhstan with the lowest cost-to-income ratio.
Participation in the state stabilisation programmes
Since they were first implemented in 2007, Kazkommertsbank has seen state stimulus programmes as an important part of the Bank’s strategy. As a result of the Bank’s involvement, clients can access long-term financing for business development, to expand operations and to ultimately create jobs.
Products and services
Kazkommertsbank has been servicing corporate clients throughout Kazakhstan since its inception and is a market leader in corporate lending. The Bank meets the needs of corporate clients through a wide range of services, including trade and structured finance products, project finance, Internet banking and asset management services, as well as short-term credit facilities and other general banking services. In terms of the total net corporate loan portfolio and corporate deposits, Kazkommertsbank is the unrivalled leader.
Kazkommertsbank possesses one of Kazakhstan’s leading retail banking franchises and services one-fifth of the retail deposit market. The Bank offers all its retail customers a comprehensive range of banking products, including residential mortgages, consumer loans, debit and credit cards and deposit and current accounts. Kazkommertsbank is renowned in Kazakhstan for quality of service, reliability and professionalism.