About Kazkommertsbank JSC
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.
