ForteBank to Acquire Home Credit Bank Kazakhstan: What This Means for Customers and the Market, DKnews.kz reports.
Almaty, June 26, 2025 — ForteBank, one of Kazakhstan’s leading private banks, has reached a principled agreement to acquire 100% of the shares of Home Credit Bank Kazakhstan. The announcement marks a major step in the consolidation of the country’s banking sector.
A Strategic Deal with Big Implications
The completion of the acquisition is pending regulatory approvals from the Agency for Protection and Development of Competition (APDC) and the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (AFRDFM). Finalization is expected within the coming months, subject to standard procedures.
"This strategic move will strengthen ForteBank’s position in the retail banking market. It reflects our commitment to expanding customer access to digital solutions and innovative financial products," said a source familiar with the negotiations.
No Changes for Clients — Just Continuity
Both ForteBank and Home Credit Bank clients can rest assured: all current agreements will remain in force, and both banks will fully honor their obligations. Services will continue without interruption.
"We guarantee a smooth transition. Customers will experience no service disruptions — only improvements in the future," the ForteBank press service stated.
A Milestone in Kazakhstan’s Banking Landscape
This acquisition is not just about ownership — it reflects a growing trend of consolidation and modernization in Kazakhstan’s banking sector. Combining the customer bases, digital infrastructure, and expertise of both institutions creates new potential for financial innovation.
In the long term, the deal will likely result in:
- New digital banking products
- More competitive loan and deposit terms
- Faster and smarter financial services
Key Takeaways
- ForteBank will acquire 100% of Home Credit Bank Kazakhstan
- The deal is subject to regulatory approval
- All customer agreements remain valid
- No service interruptions are expected
- ForteBank and Home Credit Bank will honor all commitments
Industry Experts Weigh In
Financial analysts view the deal as a positive signal for Kazakhstan’s banking sector. They expect it to boost service quality, increase competition, and accelerate the development of digital financial services.
If successfully implemented, the acquisition could redefine the future of banking in Kazakhstan — making it more digital, resilient, and customer-focused.
