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- ForteBank JSC announces agreement to acquire 100% of shares of Home Credit Bank JSC (Kazakhstan).
ForteBank JSC announces agreement to acquire 100% of shares of Home Credit Bank JSC (Kazakhstan).
27.06.2025
Astana, 27 June 2025 - ForteBank JSC announces that it has reached an agreement in principle with the shareholders of Home Credit Bank JSC (Kazakhstan) to acquire 100% of the shares of Home Credit Bank JSC (Kazakhstan).
The completion of the transaction is expected following receipt of regulatory approvals, including clearances from the Agency for Protection and Development of Competition of the Republic of Kazakhstan (APDC) and the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM).
Clients of ForteBank JSC and Home Credit Bank JSC will continue to be serviced under existing terms - all current agreements remain in force, and the banks’ obligations will be fulfilled in full.