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.