Kazakhstan’s financial sector has received international recognition once again. Development Bank of Kazakhstan (DBK), a subsidiary of the national holding Baiterek, has been awarded the Global Banking & Finance Awards 2025 by the prestigious industry publication Global Banking & Finance Review, DKNews.kz reports.
The bank was named Best Development Bank in Kazakhstan in the Banking category, highlighting its role in supporting long-term economic growth and strategic investment projects.
A respected international recognition
Global Banking & Finance Review is a well-known international journal covering key trends in banking, investment, and financial markets. Its readership includes presidents of global corporations, CEOs of major companies, and senior representatives of the international financial community.
The Global Banking & Finance Awards were established in 2011 to recognize institutions that contribute significantly to the development of global finance, demonstrate innovation, and show leadership within their sectors.
Why DBK was selected
According to the award organizers, Development Bank of Kazakhstan stood out for its:
- focus on sustainable development,
- implementation of innovative financial solutions,
- support for large-scale infrastructure and industrial projects,
- client-oriented and responsible banking approach.
Chairman of the Management Board of Development Bank of Kazakhstan Marat Yelibayev said the award confirms the correctness of the bank’s strategic direction.
“We see this award as a strong confirmation of our strategy, which is built on innovation, sustainability, and, above all, responsibility towards our clients. Our goal is not only to meet international standards, but to anticipate expectations by offering advanced financial solutions. This directly contributes to improving living standards and supporting the growth of the national economy,” he noted.
What the award represents
Each year, the Global Banking & Finance Awards recognize outstanding achievements, innovation, and leadership across the global financial industry. Winners are selected from organizations that demonstrate exceptional performance, forward-looking strategies, and a tangible contribution to sector development.
The awards cover a wide range of areas, including not only banking, but also:
- insurance,
- customer satisfaction and loyalty,
- ESG and sustainable development,
- corporate social responsibility,
- investment and brokerage services,
- financial innovation.
What it means for Kazakhstan
The recognition of Development Bank of Kazakhstan at an international level is not only an achievement for the bank itself, but also a positive signal for investors and partners. It reflects the growing maturity of Kazakhstan’s financial system and the ability of national development institutions to operate in line with global best practices.
