Kazkommertsbank

Kazkommertsbank
Joint stock company
(KASE: KKGB)
Industry Finance and Insurance
Founded 1990
Headquarters Almaty, Kazakhstan
Key people
 Nina Zhusupova, Chairman
Nurzhan Subkhanberdin
Products Banking
Revenue 19,023 million KZT (2009)
Website www.kkb.kz

Kazkommertsbank (Kazakh: Қазкоммерцбанк) is the largest private bank in Kazakhstan with a total market share of 24%.

About

Kazkommertsbank is a large provider of banking services and other financial products to large and medium-sized corporations in all sectors of Kazakh economy.

Its commercial banking business primarily consists of corporate banking, trade and project finance, personal banking, debit and credit card services and foreign currency trading.

Its principal activities are the acceptance of deposits and the provision of loans and credit facilities in Tenge and foreign currencies. The Bank is also a major participant in the securities market and the foreign currency market in Kazakhstan.

The bank introduced "mini-mobile POS terminals" in 2013 for customers to be able to use a smart phone or tablet computer to accept credit card payments. According to CISTRAN Finance, the increase in card payments in 2012 led to a 0.6 percent growth in Kazakhstan's GDP.[1]

See also

Banks of Kazakhstan

References

  1. ↑ Waits, Douglas (December 31, 2013). "Mini-mobile POS terminals for card payments introduced by Kazkommertsbank". CISTRAN Finance (Chicago, Ill.). Retrieved January 3, 2014.

External links


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