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 the meeting No. 29, dated August 5th, 2025), hereby notifies its shareholders of rescheduling of the Extraordinary General Meeting of shareholders of the Bank (hereinafter the “Meeting”), which was previously scheduled for 10.00 a.m. on August 14th, 2025, to 10:00 a.m. on October 29th, 2025.
The Meeting will be held at the address: “Astana” Conference Room, 8th floor, 8/1, Dostyk str., Astana city, at 10:00, with the agenda similar to the one of the Meeting (previously supplemented by the decision of the Bank’s Board of Directors dated July 29th, 2025 (Minutes of the Meeting No. 27) scheduled for August 14th, 2025:
1.	On determining membership and period of office, and election of the members of the Tally Commission of the Bank.
2.	On the approval of amendments to the Methodology for determining the value of shares and global depositary receipts (GDRs), the underlying assets of which are common shares, in connection with their repurchase by JSC "ForteBank".
3.	On voluntary reorganization of ForteBank JSC in the form of merger by accession of Home Credit Bank JSC (BIN 930540000147) with ForteBank JSC following the purchase by ForteBank JSC of 34 890 shares of Home Credit Bank JSC (ISIN KZ1C00009133), which amounts to 100 % of the outstanding and voting shares of Home Credit Bank JSC, in accordance with the agreement on purchase and sale of shares and participatory interest in the charter capital dated June 27th, 2025, between ForteBank JSC and PPF Financial Holdings a.s. (regarding Home Credit Bank JSC), Jiří Šmejc (also regarding Home Credit Bank JSC), Home Credit N.V. (regarding HomeITTech LLP), and Home Credit International a.s. (regarding HomeITTech LLP) according to the resolution of the Board of Directors of ForteBank JSC (dated June 26th, 2025, minutes of the meeting № 23).
4.	On approval of a draft of the Agreement on Consolidation of Home Credit Bank JSC (BIN 930540000147) with ForteBank JSC.
The list of shareholders entitled to participate in and vote during said Meeting will be compiled as of 00.00 a.m., Astana local time, on October 3rd, 2025.
The Meeting participants will be registered from 09.00 a.m. until 09.45 a.m., Astana local time, on October 29th, 2025, at the venue of the Meeting.
In the absence of a quorum of said Meeting, a repeated Extraordinary General Meeting of shareholders of the Bank will be held on October 30th, 2025, at 10.00 a.m., Astana local time, at the same address and with the same agenda as the unsuccessful Meeting. The participants of the repeated Extraordinary General Meeting of shareholders of the Bank will be registered on October 30th, 2025, from 09.00 a.m. until 09.45 a.m., Astana local time, at the venue of the Meeting.
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We are looking forward to welcoming the shareholders of the Bank to participate in the Extraordinary General Meeting of shareholders of the Bank.


Announcement: On Rescheduling of the Extraordinary General Meeting of Shareholders of ForteBank JSC scheduled for August 14, 2025.

ForteBank, Joint Stock Company (hereinafter referred to as the “Bank”) with its executive board (Management Board) located at: 8/1, Dostyk str., Yessil district, Astana city, Z05P1P0/010017, the Republic of Kazakhstan, hereby notifies its shareholders of the addition of the third and fourth items to the agenda of the Extraordinary General Meeting of Shareholders (hereinafter the “Meeting”) pursuant to the resolution of the Board of Directors (Minutes dated July 29th, 2025 No. 27) in accordance with subparagraph 1) of paragraph 4 of Article 43 of the Law of the Republic of Kazakhstan “On Joint Stock Companies”. The meeting was convened at the initiative of the Board of Directors of the Bank (Minutes dated July 15th, 2025 № 25 (z)).

The Meeting will be held on August 14th, 2025, at 10.00 a.m. (Astana time) at the following address: 8/1, Dostyk str., Astana city, 8th floor, “Astana” Conference Room.
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Agenda of the Meeting
1.	On determining membership and period of office, and election of the members of the Tally Commission of the Bank.
2.	On the approval of amendments to the Methodology for determining the value of shares and global depositary receipts (GDRs), the underlying assets of which are common shares, in connection with their repurchase by JSC "ForteBank".
3.	On voluntary reorganization of ForteBank JSC in the form of merger by accession of Home Credit Bank JSC (BIN 930540000147) with ForteBank JSC following the purchase by ForteBank JSC of 34 890 shares of Home Credit Bank JSC (ISIN KZ1C00009133), which amounts to 100 % of the outstanding and voting shares of Home Credit Bank JSC, in accordance with the agreement on purchase and sale of shares and participatory interest in the charter capital dated June 27th, 2025, between ForteBank JSC and PPF Financial Holdings a.s. (regarding Home Credit Bank JSC), Jiří Šmejc (also regarding Home Credit Bank JSC), Home Credit N.V. (regarding HomeITTech LLP), and Home Credit International a.s. (regarding HomeITTech LLP) according to the resolution of the Board of Directors of ForteBank JSC (dated June 26th, 2025, minutes of the meeting № 23).
4.	On approval of a draft of the Agreement on Consolidation of Home Credit Bank JSC (BIN 930540000147) with ForteBank JSC.
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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.


Amendment to the Agenda of the Extraordinary General Meeting of Shareholders of ForteBank JSC to be held on August 14th, 2025

Astana, 23 June 2025 – World Finance magazine has named ForteBank the Best Commercial Bank in Kazakhstan for 2025. This award reflects the bank’s robust performance, and the high level of trust it enjoys among clients, partners and international investors.

The World Finance jury highlighted ForteBank’s substantial expansion of its loan portfolio, its deep‐going digital transformation and its proactive support for enterprises in Kazakhstan’s real economy.

In May 2025, ForteBank successfully raised USD 200 million through its first syndicated loan, arranged by Commerzbank and Mashreqbank, with participation of 14 banks from Europe, the Middle East and Latin America. This follows the bank’s earlier debute USD 400 million Eurobond—placement. It was the first Eurobond issued by Kazakhstani commercial bank in 12 years.

*“Receiving this international award confirms the strength of our team and the validity of our chosen path. We aim to be a pivotal bank for Kazakhstan’s economy—a driver of innovation and growth for our clients, setting both pace and quality,” said Talgat Kuanyshev, Chairperson of ForteBank’s Management Board. *

Today, ForteBank ranks among Kazakhstan’s top five largest banks and continues to achieve outstanding growth rates.

Media contacts:
PR Department, JSC “ForteBank”
press@fortebank.com
+7 (7172) 599 999


ForteBank Wins Prestigious International Award as Best Commercial Bank in Kazakhstan

Astana, May 20, 2025 — ForteBank is pleased to announce the successful closing of its debut syndicated term loan facility, raising USD 200 million from a diversified group of 14 international lenders across Europe, Middle East and Latin America. The transaction marks ForteBank’s first entry into the international syndicated loan market.
Initially launched at a lower size, the facility was significantly oversubscribed, enabling the Bank to upsize the total amount to USD 200 million and scale-back lenders’ commitments. The strong demand underscores the high level of investor confidence in ForteBank’s financial stability, strategic direction, and the broader economic outlook of Kazakhstan.
The transaction was jointly arranged by Commerzbank Aktiengesellschaft and MashreqBank psc, who acted as Mandated Lead Arrangers and Bookrunners. Commerzbank Aktiengesellschaft also acted as Documentation Agent and acts as Facility Agent
“This inaugural syndicated loan is a landmark moment for ForteBank and reflects the growing recognition of Kazakhstan’s banking sector by international markets,” said Talgat Kuanyshev, Chief Executive Officer of ForteBank. “We are grateful for the trust placed in us by a diverse group of global financial institutions, and this funding will support our growth across corporate, SME, and retail segments.”
The proceeds of the facility will be used for general corporate purposes, including strengthening ForteBank’s ability to support the real economy and further diversify its funding base. Secured on competitive terms, the financing will also enable the Bank to continue providing its clients with funding on favourable conditions, supporting the growth and development of their businesses.
ForteBank’s debut in the international syndicated loan market not only reaffirms its strong credit fundamentals but also signals continued investor interest in Kazakhstan as an attractive investment destination.
About ForteBank
ForteBank – is one of the leading financial institutions in Kazakhstan, that provides the wide range of the banking services for its corporate and retail clients. The Bank follows its strategy of sustainable development, implementing the innovative decisions and meeting the international standards. 





ForteBank Successfully Closes Inaugural USD 200 Million Syndicated Loan Facility Amid Strong International Demand

ForteBank publishes interim financial statements for the first quarter of 2025. Despite persisting macroeconomic pressures, the Bank demonstrates solid income growth, increase in assets and strong profitability
Financial results: stable dynamic
•	Net profit amounted to KZT 45,885 billion, up 33% compared to the same period of the last year (1Q 2024: KZT 34,571 billion). The profit increase was driven by interest income growth and effective operating costs management.
•	Net interest income increased by 23% and amounted to KZT 71,759 billion (1Q 2024: KZT 58,240 billion), which was attributable to the growth of the loan portfolio and investment securities income.
•	Net profit from the foreign currency transactions doubled to KZT 14,620 billion supported by heightened market volatility and positive revaluation of the foreign exchange positions.
•	Net fee income amounted to KZT 4,5 billion, remaining broadly in line with the previous year.
Operating costs and taxes
•	General and administrative expenses amounted to KZT 22,8 billion, consistent with the same period last year period (KZT 21,9 billion).
•	Corporate income tax expense totaled to KZT 5,0 billion.
Assets and capitalization growth
•	Total assets have grown by 9,5% and reached KZT 4,48 trillion (as of 31 December 2024: KZT 4,09 trillion), reflecting increases in both the loan book and securities holdings.
•	Loan portfolio rose by 15,9% to KZT 2,11 trillion driven by strong growth in corporate lending and car loans.
•	Customer deposits and current accounts amounted to KZT 2,95 trillion, ensuring a stable liquidity position.
•	The total capital amounted to KZT 546 billion.
Macroeconomic Environment and risk management
•	In light of continued annual inflation around 10% and the National Bank's base rate increase to 16.5%, the Bank has adjusted its asset and liability management strategies accordingly.
•	The Group updated its key macroeconomic assumptions used in the calculation of expected credit losses. As a result, the allowance for expected credit losses was reduced by KZT 271 million.
•	The ECL provision for loans to customers stood at KZT 95.4 billion as of 31 March 2025, reflecting the Bank’s continuing conservative approach to the credit risks assessment.
Loan portfolio: retail segment expansion
•	Retail lending share has increased to KZT 934 billion (1Q 2024: KZT 739 billion), supported by an active car loan program.
•	Key sectors in the corporate portfolio include metallurgy (KZT 269 billion), SME related services (KZT 151 billion), trade and transport.
Conclusion 
ForteBank demonstrates stability and in a high base rate and volatile environment. Bank’s liquidity strength, balanced growth in both retail and corporate lending, and improvements in operational efficiency provide a solid foundation for sustainable development throughout 2025.


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