9 December 2024, Almaty

Eurasian Bank was recognized as the Bank of the Year in Kazakhstan in the annual program of the authoritative The Banker international magazine. Experts noted a significant increase in financial indicators in 2023, including the overall growth of loan and deposit portfolios, leading positions in the auto loan market and the expansion of the digital product line, as well as the Bank’s innovative steps in developing the National Bank’s digital currency.

The prestigious award is awarded annually to the best banks in 127 countries of the world for successful and high-quality growth indicators, contribution to the development of banking business in their region and high-quality products and services to customers. Eurasian Bank, which turns 30 years old, receives the The Banker award for the third time in its history.

“It is important that experts highly appreciated our ability to efficiently combine the development of corporate and retail business. This synergy allows us not only to offer interesting products and innovative solutions for different segments, but also to create competitive advantages in the market. Thanks to the integration of technologies and an adaptive approach, we will continue to provide our customers with convenience and reliability,” said Lyazzat Satiyeva, CEO of Eurasian Bank.

In 2023, the Bank began to modernize its IT infrastructure by updating Smart Business mobile applications for corporate customers. In addition, Eurasian Bank expanded its range of services, including the provision of digital guarantees for bids on the public procurement portal, which are now confirmed within five minutes. In addition, a new service for registration of individual entrepreneurs was launched.

Experts also noted a significant growth in the auto loan market, where the Bank issues 45% of all loans for new cars in Kazakhstan. The total volume of the loan portfolio increased by 28%, while the volume of corporate loans increased by 14%. Retail deposits at the Bank also showed an increase of 22%. Among the new products is the Forex Platform for retail customers in the Smartbank mobile application with a service that has no analogues in the Kazakhstan market — conversion with a future TOM/SPOT value date.

The Banker experts also highlighted the Bank’s innovative steps in the field of digital currencies. Eurasian Bank participated in the development of the digital currency of the central bank and Kazakhstan, continuing to work closely with the National Payment Corporation of Kazakhstan to further develop the CBDC system, including the opening of digital wallets and transfers using QR codes.

About Eurasian Bank:
Eurasian Bank is a commercial bank of Kazakhstan, one of the ten largest in the country in terms of assets, and holds a leading position in the market. This year marks its 30^th anniversary.

The Bank holds its anniversary year under the Your trust is precious motto, paying special attention to providing high-quality and reliable services to Kazakhstanis, as well as supporting various promotions and events throughout Kazakhstan.