Last €2.97 EUR
Change Today -0.34 / -10.27%
Volume 1.5K
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As of 5:18 AM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

kazkommertsbank-oct gdr regs (KKKB) Snapshot

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52 Week High
08/12/14 - €3.91
52 Week Low
12/20/13 - €1.02
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kazkommertsbank-oct gdr regs (KKKB) Details

JSC Kazkommertsbank provides banking and other financial services to corporate and retail clients in the Republic of Kazakhstan, and CIS and OECD countries. It operates in four segments: Retail Banking, Corporate Banking, Investment Banking, and Other. The Retail Banking segment offers private banking services, including private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. The Corporate Banking segment provides direct debit facilities, current accounts, deposits, overdrafts, loans and other credit facilities, and documentary credits. The Investment Banking segment offers financial instruments trading, structured financing, and merger and acquisitions advisory services; and foreign currency and derivative products. The Other segment is primarily involved in the insurance operations. The company is also engaged in securities market transactions and management of pension assets; and pension fund, as well as life insurance, insurance of property and cargoes, auto insurance, civil liability insurance of vehicle owners, insurance of other civil liabilities, and reinsurance businesses, as well as provides payment card processing and other related services. As of December 31, 2013, the company had 23 branches in Kazakhstan. JSC Kazkommertsbank was founded in 1990 and is based in Almaty, Kazakhstan.

Founded in 1990

kazkommertsbank-oct gdr regs (KKKB) Top Compensated Officers

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Executives, Board Directors

kazkommertsbank-oct gdr regs (KKKB) Key Developments

JSC Kazkommertsbank Establishes a Subsidiary, KUSA KKB-3 Ltd

JSC Kazkommertsbank announced that it has created a subsidiary, KUSA KKB-3 Ltd, will be purchasing loss-making assets of the bank, and managing residential and commercial real estate assets repossessed from non-performing retail loans and from SME borrowers who have failed to meet their loan obligations with the bank.

JSC Kazkommertsbank Announces Management Board Changes

JSC Kazkommertsbank announced changes in the members of its management board and of the appointment of five new members of the management board being managing directors. Under the resolution of the board of directors of Kazkommertsbank, the bank's management board includes Alen Shayakhmetov, Baurzhan Kuvatov, Mukhit Inebekov, Nurlan Zhagiparov and Ulugbek Muslimov, who were appointed managing directors. Until now, all of them have been working for the bank, supervising different fields of its activities as executive directors. Alen Shayakhmetov will continue supervising the Compliance as Managing Director. In 2014, he was elected as President of the KusZholy Charity Fund. Baurzhan Kuvatov will supervise as Managing Director of the Security and IT Security Service of the Bank, as well as performance of security services of the Bank's branches and subsidiaries and organizing the work of the Bank's Disciplinary Committee. This year 2014, he was elected member of the Supervisory Board of the KusZholy Charity Fund. Mukhit Inebekov will continue supervising IT departments and engineering of the Bank's business processes as Managing Director. Since 2014, Mr. Inebekov is also Managing Director of BTA Bank JSC. Nurlan Zhagiparov will supervise development of innovative technologies, bank cards, the call center, and Homebank as Managing Director. Mr. Zhagiparov is also the member of the Board of Directors of CB Moskommertsbank, JSC Kazkommertsbank Kyrgyzstan, and JSC Kazkommertsbank Tajikistan. Ulugbek Muslimov in his new role of Managing Director, will supervise wide range of issues related to corporate business, credit management, project financing, operational banking, claims activities with regard to recovery of troubled debt.

JSC Kazkommertsbank, Special/Extraordinary Shareholders Meeting, Jul 11, 2014

JSC Kazkommertsbank, Special/Extraordinary Shareholders Meeting, Jul 11, 2014., at 10:30 Indian Standard Time. Location: 34 Al-Farabi avenue. Agenda: To approve the Agenda of the Extraordinary General Shareholders Meeting; and to approve the amount and terms of remuneration to a member of the Board of Directors.


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