Astana, 28 August 2025 - ForteBank JSC (“ForteBank”), one of Kazakhstan’s leading financial institutions, announces on the successful closing of a three-year RMB 750 million syndicated loan facility. This landmark deal breaks new ground as the first-ever Chinese yuan-denominated syndicated loan secured by a commercial bank in Kazakhstan. It is a proud milestone for ForteBank and a defining moment for the local financial market, showcasing the rising role of alternative currency financing and the growing depth of Kazakhstan’s economic partnership with China The transaction was oversubscribed and attracted strong participation from a consortium of five international banks, with ICBC Standard Bank plc/ICBC Almaty JSC, First Abu Dhabi Bank PJSC, and the Export-Import Bank of China acting as Mandated Lead Arrangers and JSC Altyn Bank as Manager. The facility will enhance ForteBank’s capacity to support small and medium-sized enterprises (SMEs) and corporate clients. The funds will be channeled into trade finance, infrastructure projects, and strategic initiatives, with a particular emphasis on fostering business flows with China. This will enable clients to expand trade involving Chinese goods and services, advance major infrastructure initiatives, and capitalize on strategic opportunities that drive long-term, sustainable growth. “This groundbreaking syndication showcases the strong trust of leading global banks in ForteBank’s strength and forward-looking strategy. By becoming the first commercial bank in Kazakhstan to secure a syndicated loan in Chinese yuan, we are breaking new ground in international funding,” said Talgat Kuanyshev, Chairman of the Management Board of ForteBank. “This facility not only broadens our funding base but also empowers us to deliver tailored financing to clients working with Chinese partners — strengthening cross-border trade and deepening economic ties between Kazakhstan and China.” The successful completion of this syndicated loan facility once again confirms ForteBank’s ability to access global capital markets and strengthens its position as a reliable partner for international financial institutions.

About ForteBank ForteBank is one of Kazakhstan’s leading financial institutions, providing a wide range of banking services to corporate and retail clients. The Bank adheres to its sustainable development strategy, implementing innovative solutions and maintaining compliance with international standards.