ForteBank Increases Capital by KZT 46.1 Billion to Support Business Lending Growth

Press release

24.06.2026

Astana, June 24, 2026 – ForteBank JSC has increased its charter capital by KZT 46.1 billion. Following the additional share issuance, the Bank’s capital exceeded KZT 890 billion, significantly enhancing its capacity to finance Kazakhstan’s real sector economy. In 2025, ForteBank’s total assets grew by 49% to KZT 6.1 trillion. During the year, the Bank completed the acquisition of Home Credit Bank JSC, issued Kazakhstan’s first-ever perpetual subordinated AT1 bonds totaling USD 400 million, and secured several major international funding transactions in the capital markets. As part of its long-term strategy, ForteBank’s shareholders decided to retain all 2025 earnings to further strengthen the Bank’s capital base. The additional capital increase will support future growth, expand lending capacity and reinforce ForteBank’s position in the market. “Today, approximately 60% of our loan portfolio is allocated to financing large corporates as well as small and medium-sized enterprises. This is a deliberate strategic choice. We see our role in supporting the real economy – companies that create jobs, invest in growth, and contribute to economic development. Kazakhstan’s business lending market continues to expand rapidly. By the end of 2025, its total volume reached KZT 17.6 trillion, representing annual growth of 20%. ForteBank outpaced the market, with its business loan portfolio growing by 45% to KZT 1.7 trillion. The additional capital increase, together with the shareholders’ decision to reinvest all profits into the Bank’s development, creates a strong foundation for future growth. It will enable us to further expand lending to entrepreneurs and large corporates, support new investment projects, and continue strengthening ForteBank’s position in line with our long-term strategy,” said Talgat Kuanyshev, Chairman of the Management Board of ForteBank JSC. About ForteBank ForteBank is one of Kazakhstan’s leading financial institutions, providing a full range of banking services to retail, SME and corporate clients. The Bank continues to execute its sustainable growth strategy, develop digital services, and support key sectors of the national economy.

Astana, June 24, 2026 – ForteBank JSC has increased its charter capital by KZT 46.1 billion. Following the additional share issuance, the Bank’s capital exceeded KZT 890 billion, significantly enhancing its capacity to finance Kazakhstan’s real sector economy. In 2025, ForteBank’s total assets grew by 49% to KZT 6.1 trillion. During the year, the Bank completed the acquisition of Home Credit Bank JSC, issued Kazakhstan’s first-ever perpetual subordinated AT1 bonds totaling USD 400 million, and secured several major international funding transactions in the capital markets. As part of its long-term strategy, ForteBank’s shareholders decided to retain all 2025 earnings to further strengthen the Bank’s capital base. The additional capital increase will support future growth, expand lending capacity and reinforce ForteBank’s position in the market. “Today, approximately 60% of our loan portfolio is allocated to financing large corporates as well as small and medium-sized enterprises. This is a deliberate strategic choice. We see our role in supporting the real economy – companies that create jobs, invest in growth, and contribute to economic development. Kazakhstan’s business lending market continues to expand rapidly. By the end of 2025, its total volume reached KZT 17.6 trillion, representing annual growth of 20%. ForteBank outpaced the market, with its business loan portfolio growing by 45% to KZT 1.7 trillion. The additional capital increase, together with the shareholders’ decision to reinvest all profits into the Bank’s development, creates a strong foundation for future growth. It will enable us to further expand lending to entrepreneurs and large corporates, support new investment projects, and continue strengthening ForteBank’s position in line with our long-term strategy,” said Talgat Kuanyshev, Chairman of the Management Board of ForteBank JSC. About ForteBank ForteBank is one of Kazakhstan’s leading financial institutions, providing a full range of banking services to retail, SME and corporate clients. The Bank continues to execute its sustainable growth strategy, develop digital services, and support key sectors of the national economy.

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