From Wikipedia, the free encyclopedia
Private bank located in Kazakhstan
Kazkommertsbank
(
Kazakh
:
?азкоммерцбанк
,
romanized:
Qazkommertsbank
) was the largest private
bank
in
Kazakhstan
with a total market share of 24%. Kazkommertsbank merged with
Halyk Bank
on 27 July 2018.
[1]
About
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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.
[2]
See also
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]
References
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