ForteBank Joint Stock Company (hereinafter referred to as the “Bank”) with its executive board (Management Board) located at the address: 8/1, Dostyk str., Yessil district, Astana city,
Z05P1P0/010017, the Republic of Kazakhstan, in accordance with the resolution of the Board of Directors of the Bank (Minutes of absentee vote No.2 dated January 23rd, 2026), hereby notifies its shareholders of cancellation of the Extraordinary General Meeting of shareholders of the Bank, which was scheduled for 10.00 a.m. on February 26th, 2026.


On Cancellation of the Extraordinary General Meeting of Shareholders of ForteBank JSC scheduled for February 26, 2026.

JSC ForteBank announces the completion of the acquisition of 100% of the shares of JSC Home Credit Bank (Subsidiary of JSC ForteBank). ForteBank’s stake in Home Credit Bank has increased from 75% to 100%, making ForteBank the sole shareholder of Home Credit Bank.
The transaction was first announced on June 27, 2025, when JSC ForteBank reported reaching a principal agreement with the shareholders of JSC Home Credit Bank (Kazakhstan) to acquire 100% of the bank’s shares.
“The completion of the Home Credit Bank acquisition is an important milestone in the implementation of our long-term strategy. We are strengthening our market positions, enhancing the Bank’s resilience, and creating new potential for sustainable growth in the interests of our clients,” said Talgat Kuanyshev, Chairman of the Management Board of JSC ForteBank. “By combining the expertise of the two banks, we will expand our product offering and further strengthen our focus on service quality and reliability.”
Home Credit Bank continues to fully meet all its obligations to clients. All agreements and services remain in force. For clients of both ForteBank and Home Credit Bank, service conditions and the operation of all channels remain unchanged: branches, call centers, and digital services continue to operate as usual.
About ForteBank
JSC ForteBank is one of Kazakhstan’s leading banks, providing a full range of services to retail, SME, and corporate clients. The Bank consistently pursues a strategy of sustainable growth, develops digital services, and supports key sectors of the economy.
About Home Credit Bank
JSC Home Credit Bank (Subsidiary of JSC ForteBank) is a bank with strong expertise in retail lending and services for individuals, focused on simple and accessible solutions for mass-market customers and the development of partner programs with retail and service companies.


ForteBank Completes Acquisition of 100% of Home Credit Bank Shares

ForteBank, JSC (hereinafter – Bank), with the location of its executive body (the Management Board) at the address: 8/1, Dostyk str., Yessil district, Astana city, Z05P1P0/010017, the Republic of Kazakhstan, hereby announces the voting results at the Extraordinary General Meeting of the Bank Shareholders (hereinafter the "Meeting") held on December 29, 2025, from 10.00 a.m. to 11.00 a.m. by Astana time, at the following address: "Astana" Conference Room, 8th floor, 8/1, Dostyk str., Astana city, Z05P1P0/010017, the Republic of Kazakhstan. 

In accordance with the approved agenda, the following issue was considered at the Meeting, and the following resolution was passed based on the voting results. 

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**Regarding item 1 of the agenda "On determining an auditing organization to perform the audit and review of the financial statements of ForteBank JSC in 2026–2028 and for 2026–2028" **

KPMG Audit LLP is to be designated as the audit organization conducting audit and review of the financial statements of the Bank in 2026–2028 and for 2026–2028. 

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*The use or citation of information contained in this press release is permitted only with mandatory attribution of the source and prior approval from ForteBank (press@fortebank.com).*

On voting results at the Extraordinary General Meeting of Shareholders of ForteBank JSC

ForteBank, Joint Stock Company (hereinafter referred to as the “Bank”) with the executive board (Management Board) located at: 8/1, Dostyk str., Yessil district, Astana city, Z05P1P0/010017, the Republic of Kazakhstan, hereby notifies its shareholders that it will be holding the Extraordinary General Meeting of Shareholders (hereinafter the “Meeting”) convened at the initiative of the Board of Directors of the Bank (Minutes of absentee voting dated November 28th, 2025, No. 48(h)) on the basis of Article 37.2.1, Article 37.3.3), Article 41 and Article 36.1.6) of the Law of the Republic of Kazakhstan “On Joint Stock Companies” (hereinafter the Law “On Joint Stock Companies”).
The Meeting will be held on December 29th, 2025, at 10.00 a.m. (Astana time) at the following address: 8/1, Dostyk str., Astana city, 8th floor, “Astana” Conference Room.
The participants shall be registered on December 29th, 2025, from 09.00 a.m. to 09.45 a.m. (Astana time) at the venue of the Meeting.
The register of the Bank shareholders eligible to participate in the Meeting will be compiled as at 00.00 a.m. (Astana time) on December 03rd, 2025.
In the absence of a quorum, the adjourned Meeting will be held on December 30th, 2025, at 10.00 a.m. (Astana time) at the same address and with the same agenda. The participants of the adjourned Meeting will be registered on December 30th, 2025, from 09.00 a.m. to 09.45 a.m. (Astana time) at the venue of the Meeting.
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Agenda of the Meeting
1.	On determining an auditing organization to perform the audit and review of the financial statements of ForteBank JSC in 2026–2028 and for 2026–2028.
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The agenda of the Meeting may be amended and/or supplemented as stipulated by the law.
Pursuant to Article 44.4 of the Law “On Joint Stock Companies”, the Agenda materials shall be prepared and will be available for review by the shareholders not later than 10 days before the date of the General Meeting of Shareholders at the location of the Management Board of the Bank.
Upon request of a shareholder of the Bank, the Agenda materials shall be sent thereto within three business days from the day of receipt of the request, provided that the costs for making copies of documents and delivery of documents shall be borne by the shareholder.
For more information on the Meeting holding, please contact: +7 (7172) 59 99 99, extension 10200.
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Hereby we offer the shareholders of the Bank to get acquainted with the following procedure for the Meeting holding.
In accordance with Article 17.5 of the Law of the Republic of Kazakhstan “On Banks and Banking Activities in the Republic of Kazakhstan”, legal entities incorporated in offshore zones the list whereof is established by the authorized body (see: decree of the Management Board of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market dated February 24, 2020 № 8 On Establishing the List of Offshore Zones for the Purposes of Banking and Insurance Activities, Activities of the Professional Participants of the Securities Markets and Other Licensed Types of Activities on the Securities Markets, Activities of the Joint Stock Investment Funds and Activities of the Organizations Conducting Micro-financial Activities), shall not be able to directly or indirectly own and (or) use, and (or) dispose the voting shares of the resident banks of the Republic of Kazakhstan. 
According to Clause 5-1 of the said article, the shareholder participating in the General Meeting of Shareholders shall submit a statement which indicates the compliance with Clause 5 of the said article by its shareholders (participants), in case the bank has no information on country of residence of such shareholders (participants). 
A shareholder who has not submitted the above stated statement is not allowed to participate in the General Meeting of Shareholders. 
In this regard, participants of the Meeting shall submit documents at the registration, thus confirming their eligibility to participate in the Meeting and to vote on issues considered at the Meeting.
The shareholders (representatives thereof) arrived shall be registered before the opening of the Meeting. It is required to have an identity document. A representative of the shareholder must submit a power of attorney confirming the authority thereof to participate and vote at the Meeting, or a document confirming the eligibility to act on behalf of the shareholder or represent interests thereof without a power of attorney.
A shareholder (representative of a shareholder) who has not been registered shall not be counted in determining the quorum and shall not be entitled to vote.
The Meeting starts at the announced time if a quorum is present.
The Meeting shall hold elections of the Chairperson and the Secretary of the Meeting, determine the form of voting – open or secret (by poll).
In accordance with Article 50.1 of the Law “On Joint Stock Companies”, voting on the agenda of the Extraordinary General Meeting of Shareholders shall be carried out under the principle of “one share – one vote”, except for providing each person entitled to vote at the Extraordinary General Meeting of Shareholders with one vote regarding the procedural matters related to holding the General Meeting of Shareholders.
The Chairperson shall not be entitled to interfere with the speeches of those eligible to participate in the discussion of the agenda issue, except for cases when such speeches result in violation of the rules of the Meeting or when the dispute on this issue is over.
The Meeting shall be entitled to adopt a resolution on suspension of its work and on extension of the period of work, including postponement of consideration of certain issues of the agenda of the general meeting of shareholders to the following day.
The Meeting may be declared to be closed only after consideration of all issues of the agenda and adoption of resolutions thereon.
In accordance with Article 52.1 of the Law “On Joint Stock Companies”, the minutes of the Meeting shall be drawn up and signed within three business days after the closing of the Meeting.
The Meeting shall be held in accordance with Articles 35-37, 39-48 and 50-52 of the Law “On Joint Stock Companies”, Articles 17.5 and 17.5-1 of the Law “On Banks and Banking Activities”, and Article 15 of the Bank Charter.
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We look forward to welcoming the shareholders of the Bank to participate in the Extraordinary General Meeting of Shareholders of the Bank.



The Extraordinary General Meeting of Shareholders of ForteBank JSC will be held on December 29th, 2025

Astana, November 25, 2025 – ForteBank JSC has announced the acquisition of a controlling stake in Home Credit Bank JSC. As a result of the transaction, ForteBank JSC increased its shareholding in the authorized capital of Home Credit Bank JSC to 75%. Consequently, Home Credit Bank has obtained the status of a subsidiary bank of ForteBank JSC.
The transaction was carried out with the participation of J.P. Morgan, which acted as the financial advisor to ForteBank JSC.
“Increasing our stake in Home Credit Bank to a controlling interest marks an important milestone in implementing our strategy to strengthen our presence in the retail segment. The combined efforts of ForteBank and Home Credit Bank will allow us to offer our clients even more convenient, fast, and technologically advanced financial solutions,” said Talgat Kuanyshev, Chairman of the Management Board of ForteBank JSC.
Following the completion of all corporate and registration procedures, Home Credit Bank will continue to operate as an independent bank under its existing brand. The change in ownership structure will not affect current obligations to clients and partners of either bank: all services and products will continue to function as usual, and customers will be promptly informed about any key changes.
“Becoming part of ForteBank’s group expands the scale and potential of our operations. Within the combined group, we will be able to offer our clients more opportunities while maintaining stability and high standards of service,” emphasized Kiril Bachvarov, Chairman of the Management Board of Home Credit Bank JSC.
About ForteBank JSC
ForteBank JSC is one of the leading financial institutions in the Republic of Kazakhstan, a universal bank offering a wide range of services for individuals and businesses, including lending, deposits, payment cards, and business solutions. The Bank’s head office is located in Astana.
About Home Credit Bank JSC
Home Credit Bank JSC is a Kazakhstani commercial bank specializing in retail lending and personal banking services. The bank operates through a nationwide branch network, as well as modern online and mobile platforms. Its head office is located in Almaty.
Media Contacts:
ForteBank JSC PR Department 
press@fortebank.com
+7 (7172) 599 999



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