ForteBank Strengthens Support for Entrepreneurs Across Kazakhstan’s Regions

ForteBank was a partner of two regional forums held in celebration of Kazakhstan’s Entrepreneurs’ Day. Participants in the Turkestan Region discussed cooperation between businesses and government, while the forum in Aktobe focused on taxation, financing and business development.
On October 29, the forum “Entrepreneurs’ Day of the Republic of Kazakhstan” was held in Turkestan. The event brought together entrepreneurs, investors, representatives of government agencies and development institutions from more than ten regions of the country. The forum was attended by Nuralkhan Kusherov, Akim of Turkestan Region, and Bauyrzhan Omarbekov, Vice Minister of National Economy of the Republic of Kazakhstan.
ForteBank was represented at the forum by Zauresh Mendiagaliyeva, Director of SME Sales and Support at ForteBank. She presented awards to entrepreneurs who have achieved success in furniture manufacturing, traditional crafts, the restaurant industry and construction. According to Zauresh Mendiagaliyeva, entrepreneurship plays a direct role in regional economic development: businesses create jobs, expand the range of goods and services available and open new opportunities for local communities.
“When businesses grow, regions grow with them. Behind every successful business there are people who are willing to take responsibility, explore new opportunities and develop their ventures. Their initiative creates jobs, brings new services to the market and drives regional economic growth. At ForteBank, we believe it is important to be a reliable financial partner for entrepreneurs at every stage of their business development,” said Zauresh Mendiagaliyeva.
Another opportunity to engage with the business community was the “Business Pulse: Finance and Growth” tax forum, organized by the Kazakhstan Association of Accountants and Outsourcing Companies in Aktobe. The event brought together more than 1,000 participants. As part of the business program, Asylbek Kultasov, Director of the Aktobe Branch of ForteBank, spoke about the Bank’s financial solutions for SMEs, lending opportunities and business support programs.
ForteBank’s product offering includes secured and unsecured loans, financing of up to KZT 8 billion, credit facilities with the option of arranging online drawdowns, and vehicle financing for small and medium-sized businesses. For companies participating in public procurement, the Bank also offers tender guarantees and performance guarantees, including options that do not require collateral.
In addition, ForteBank participates in government business support programs implemented through the Damu Entrepreneurship Development Fund. These programs provide access to preferential financing, interest rate subsidies and guarantees for businesses with insufficient collateral.
The Bank actively finances entrepreneurs beyond Kazakhstan’s major cities. Regional businesses account for 72% of ForteBank’s loan portfolio, with an average loan size of KZT 202 million. More information about lending products, guarantees and eligibility requirements for business support programs is available at business.forte.kz.