ForteBank
{{Infobox company
| name = ForteBank
| logo = Fortebank Logo.png
| logo_size = 150px
| logo_caption =
| image = ForteBank Астана 2017.jpg
| image_caption = The headquarters of ForteBank in Astana
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| industry = Financial services
| predecessors = {{ubl|ForteBank|Alliance Bank|Temirbank}}
| foundation = {{Start date and age|2015|02|10}}
| founders =
| hq_location = Astana, Kazakhstan
| area_served =
| key_people = Bulat Utemuratov, Owner
Bekzhan Piramatov, CEO
| products =
| revenue =
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| website = {{URL|https://forte.kz/}}
| footnotes =
}}ForteBank is a Kazakh private bank. The head office is located in the capital Astana, with branches located throughout Kazakhstan.
As of January 2023, ForteBank ranks fifth in terms of assets among Kazakh banks.{{Cite web|language=ru-RU|url=https://bizmedia.kz/2023/01/26/rejting-bankov-rk-v-2023-ot-moodys-sp-fitch/|title=Рейтинг банков Казахстана в 2023 году на основе Moody's, S&P и Fitch|author=Амин Абдулманов|website=BIZ MEDIA|date=2023-01-26|access-date=2023-06-01|archive-date=2023-06-01|archive-url=https://web.archive.org/web/20230601083828/https://bizmedia.kz/2023/01/26/rejting-bankov-rk-v-2023-ot-moodys-sp-fitch/|url-status=live}}
History
The current bank was created on February 10, 2015, as a result of the merger of three banks - ForteBank, Alliance Bank and Temirbank. The main shareholder of the bank is Kazakh businessman Bulat Utemuratov.{{Cite web|url=https://forbes.kz//finances/markets/alyans_bank_temirbank_i_fortebank_obyedinyatsya_do_kontsa_goda/|title=Альянс Банк, Темiрбанк и ForteBank объединятся до конца года|author=Александр Воротилов|website=www.forbes.kz|date=2014-11-19|accessdate=2020-10-21|archive-date=2020-10-23|archive-url=https://web.archive.org/web/20201023100537/https://forbes.kz/finances/markets/alyans_bank_temirbank_i_fortebank_obyedinyatsya_do_kontsa_goda/|url-status=live}}
= 2015 =
- ForteBank was established through the merger of ForteBank, Alliance Bank, and Temirbank.{{Cite web|language=ru|url=https://kapital.kz/finance/33306/tri-ob-yedinennykh-banka-budut-nazyvat-sya-forte-bank.html|title=Три объединенных банка будут называться Forte bank|website=kapital.kz|date=16 September 2014 |accessdate=2020-10-21|archive-date=2020-10-24|archive-url=https://web.archive.org/web/20201024223914/https://kapital.kz/finance/33306/tri-ob-yedinennykh-banka-budut-nazyvat-sya-forte-bank.html|url-status=live}}
= 2016 =
- In October, the ForteBank Kulanshi Art Space gallery was opened in collaboration with the Kulanshi Center for Contemporary Art.{{Cite web|url=https://forbes.kz//life/afisha/v_astane_otkryilas_vyistavka_kazahstanskih_hudojnikov_zapah_polyini/|title=В Астане открылась выставка художников РК "Запах полыни"|author=Иван Жуков|website=www.forbes.kz|date=2016-12-09|accessdate=2020-10-21|archive-date=2020-10-26|archive-url=https://web.archive.org/web/20201026034328/https://forbes.kz//life/afisha/v_astane_otkryilas_vyistavka_kazahstanskih_hudojnikov_zapah_polyini/|url-status=live}}
- In November, an agreement was signed with the European Bank for Reconstruction and Development to provide a loan of 60 million US dollars for lending to micro, small and medium-sized business projects and to finance women's entrepreneurship under the EBRD's Women in Business program.{{Cite web |last=Шолпан Жабаева |date=2017-06-08 |title=Для программы "Женщины в бизнесе" ЕБРР выделил ForteBank 30 млн долларов |url=https://informburo.kz/novosti/dlya-programmy-zhenshchiny-v-biznese-ebrr-vydelil-fortebank-30-mln-dollarov.html |archive-url=https://web.archive.org/web/20201024044424/https://informburo.kz/novosti/dlya-programmy-zhenshchiny-v-biznese-ebrr-vydelil-fortebank-30-mln-dollarov.html |archive-date=2020-10-24 |access-date=2020-10-21 |website=informburo.kz}}
= 2017 =
May marked the bank's first payment of dividends on its common shares. The total amount of accrued dividends amounted to 4.6 billion tenge.{{Cite web|language=ru|url=https://www.kt.kz/rus/business/fortebank_viplatit_dividendi_po_prostim_akcijam_1153639484.html|title=ForteBank выплатит дивиденды по простым акциям {{!}} Kazakhstan Today|website=www.kt.kz|accessdate=2020-10-21|archive-date=2020-10-24|archive-url=https://web.archive.org/web/20201024143045/https://www.kt.kz/rus/business/fortebank_viplatit_dividendi_po_prostim_akcijam_1153639484.html|url-status=live}}
= 2018 =
- In February, Guram Andronikashvili, who previously held the position of First Deputy Chairman of the Board of the bank, was appointed Chairman of the Board of the bank.{{Cite web |date=2018-02-09 |title=Назначен новый председатель правления АО "ForteBank" |url=https://informburo.kz/novosti/naznachen-novyy-predsedatel-pravleniya-ao-fortebank-.html |archive-url=https://web.archive.org/web/20201026042851/https://informburo.kz/novosti/naznachen-novyy-predsedatel-pravleniya-ao-fortebank-.html |archive-date=2020-10-26 |access-date=2020-10-21 |website=informburo.kz}}
- In September, the bank issued 220 billion tenge of coupon bonds, with a rate of 4% and a term of circulation until 2024.{{Cite web |title=ForteBank планирует выпустить облигации на 220 млрд тенге |url=https://kursiv.kz/news/finansy/2018-08/fortebank-planiruet-vypustit-obligacii-na-220-mlrd-tenge |archive-url=https://web.archive.org/web/20201024222756/https://kursiv.kz/news/finansy/2018-08/fortebank-planiruet-vypustit-obligacii-na-220-mlrd-tenge |archive-date=2020-10-24 |access-date=2020-10-21 |website=Курсив - деловые новости Казахстана |language=ru}}
- In December, the bank acquired Kassa Nova Bank.{{Cite web |last=Forbes.kz |date=2018-12-14 |title=ForteBank купил Банк Kassa Nova |url=https://forbes.kz//finances/finance/fortebank_kupil_bank_kassa_nova/ |archive-url=https://web.archive.org/web/20201026040113/https://forbes.kz//finances/finance/fortebank_kupil_bank_kassa_nova/ |archive-date=2020-10-26 |access-date=2020-10-21 |website=www.forbes.kz}}
= 2019 =
- In March, the bank became a participant in a program for supporting projects for financing small and medium-sized enterprises through the Asian Development Bank.{{Cite web |title=ForteBank совместно с Азиатским Банком Развития направит 31 миллиард тенге на развитие предпринимательства |url=https://kursiv.kz/news/banki/2019-04/fortebank-sovmestno-s-aziatskim-bankom-razvitiya-napravit-31-milliard-tenge-na |archive-url=https://web.archive.org/web/20201023174307/https://kursiv.kz/news/banki/2019-04/fortebank-sovmestno-s-aziatskim-bankom-razvitiya-napravit-31-milliard-tenge-na |archive-date=2020-10-23 |access-date=2020-10-21 |website=Курсив - деловые новости Казахстана |language=ru}}
= 2020 =
- In May, the bank launched ForteMobile in collaboration with Beeline.{{Cite web |last=tengrinews.kz |date=2020-05-26 |title="Привет! Удобно говорить?" В Казахстане появилась новая мобильная связь ForteMobile |url=https://tengrinews.kz/internet/privet-udobno-govorit-kazahstane-poyavilas-novaya-mobilnaya-403462/ |archive-url=https://web.archive.org/web/20201026090807/https://tengrinews.kz/internet/privet-udobno-govorit-kazahstane-poyavilas-novaya-mobilnaya-403462/ |archive-date=2020-10-26 |access-date=2020-10-21 |website=Главные новости Казахстана - Tengrinews.kz |language=ru}}
- In May, the bank also launched the ForteForex platform for currency trading.{{Cite web |date=2020-05-29 |title=ForteBank представил новый сервис по обмену валюты ForteForex |url=https://www.nur.kz/1857852-fortebank-predstavil-novyj-servis-po-obmenu-valuty-forteforex.html? |archive-url=https://web.archive.org/web/20201022192802/https://www.nur.kz/1857852-fortebank-predstavil-novyj-servis-po-obmenu-valuty-forteforex.html |archive-date=2020-10-22 |access-date=2020-10-21 |website=www.nur.kz |language=ru}}
- In August, ForteBank sold Kassa Nova Bank to Freedom Finance.{{Cite web |title=ForteBank продает 100% акций Банка Kassa Nova |url=https://kapital.kz/finance/88951/fortebank-prodayet-100-aktsiy-banka-kassa-nova.html |archive-url=https://web.archive.org/web/20201023075236/https://kapital.kz/finance/88951/fortebank-prodayet-100-aktsiy-banka-kassa-nova.html |archive-date=2020-10-23 |access-date=2020-10-21 |website=kapital.kz |date=8 April 2020 |language=ru}}
= 2021 =
- In June, the bank launched a new generation of payment cards with enhanced digital capabilities.
- In September, the bank launched a new mobile application for legal entities, the “Forte Business App”, with functions such as of remote registration and opening accounts.
= 2022 =
- In January, ForteBank was the first bank to be accredited by the Center for Information Security of the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan.
= 2023 =
- In March S&P Global Ratings rated ForteBank at the BB-/B level.{{Cite web |date=2023-03-09 |title=Агентство S&P вернуло "стабильный" прогноз по рейтингу ForteBank |url=https://informburo.kz/novosti/agentstvo-sp-vernulo-stabilnyi-prognoz-po-reitingu-fortebank |access-date=2024-02-12 |website=informburo.kz |language=ru}}
- In April, Fitch rated ForteBank at the BB level.{{Cite web |date=2023-09-04 |title=Fitch повысило кредитный рейтинг ForteBank до BB |url=https://forbes.kz/economy/finance/fitch_povyisilo_kreditnyiy_reyting_fortebank_do_bb/ |access-date=2024-02-12 |website=www.forbes.kz}}
- In September, ForteBank joined the KazakhExport trade program.{{Cite web |date=2023-11-09 |title=ForteBank присоединился к программе торгового финансирования KazakhExport |url=https://kapital.kz/finance/118935/fortebank-prisoyedinilsya-k-programme-torgovogo-finansirovaniya-kazakhexport.html |access-date=2024-02-12 |website=Деловой портал Капитал.кз |language=ru}}
- In November, Moody's rated ForteBank at the Ва2 level.{{Cite web |date=2023-11-02 |title=Агентство Moody's изменило прогноз по рейтингу ForteBank на "позитивный" |url=https://informburo.kz/novosti/agentstvo-moodys-izmenilo-prognoz-po-reitingu-fortebank-na-pozitivnyi |access-date=2024-02-12 |website=informburo.kz |language=ru}}
- Also in November, ForteBank and MasterCard launched the "Alem" service for international transfers to an account or card.{{Cite web |date=2023-11-01 |title=Mastercard и ForteBank запустили новый сервис для быстрых международных переводов |url=https://forbes.kz/economy/finance/mastercard_i_fortebank_zapustili_novyiy_servis_dlya_byistryih_mejdunarodnyih_perevodov/ |access-date=2024-02-12 |website=www.forbes.kz}}
- In December, an Executive MBA program was started for ForteBank leaders, in collaboration with Narxoz University.{{Cite web |date=2023-12-19 |title=Университет Нархоз и ForteBank запустили программу Executive MBA |url=https://forbes.kz/actual/education/universitet_narhoz_i_fortebank_zapustili_programmu_executive_mba/ |access-date=2024-02-12 |website=www.forbes.kz}}
Business model
ForteBank is a universal bank operating in all market segments (retail, SME, corporate).
Inside the bank there is a division into brands:
- ForteBank — a bank for individuals, offering customers debit cards, credit cards, loans, and deposits.
- ForteBusiness —a bank for legal entities, offering customers corporate cards, accounts, loans, and deposits.
- ForteMarket — a marketplace through which Kazakh stores can sell their goods.
- ForteMobile — mobile services in collaboration with the telecommunications company Beeline.
- ForteForex — a currency trading platform.
References
{{Reflist}}
Links
- {{Official website|forte.kz}}