AsiaCredit Bank

AsiaCredit Bank JSC is a universal financial institution providing full range of banking services to individual and corporate clients. The Bank has branches in the major cities in Kazakhstan, including Astana and Almaty. Following the opening of a branch in Petropavlovsk in 2015, the Bank now provides its services in ten oblast centres. On 14 April 2015, Fitch Ratings affirmed AsiaCredit Bank's long-term and short-term issuer default ratings at 'B' (international scale) and 'BB(kaz)' (national scale) with stable outlooks. Last year the Bank increased its equity by more than 8% to 24,292,800,000 tenge (as of 31/12/2015, unaudited).