Kazkommertsbank is the largest private bank

Bank

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 in Kazakhstan

Kazakhstan

Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

 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

Debit card

A debit card is a plastic card that provides the cardholder electronic access to his or her bank account/s at a financial institution...

 and credit card

Credit card

A credit card is a small plastic card issued to users as a system of payment. It allows its holder to buy goods and services based on the holder's promise to pay for these goods and services...

 services and foreign currency trading.

Its principal activities are the acceptance of deposits and the provision of loan

Loan

A loan is a type of debt. Like all debt instruments, a loan entails the redistribution of financial assets over time, between the lender and the borrower....

s and credit

Credit (finance)

Credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately , but instead arranges either to repay or return those resources at a later date. The resources provided may be financial Credit is the trust...

 facilities in Tenge and foreign currencies. The Bank

Bank

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 is also a major participant in the securities market and the foreign currency market in Kazakhstan

Kazakhstan

Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

.

External links

• Казкоммерцбанк - Official site in Russian
• Kazkommertsbank - Official site in English