ForteBank Completes Acquisition of 100% of Home Credit Bank Shares

Press release

30.12.2025

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.

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.

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