Milestones

2017

 

February

  • Eurasian Bank was recognized as the best Kazakhstan bank in the World’s Best Trade Finance Providers 2016 nomination according to the Global Finance magazine.
  • Eurasian Bank launched its own loyalty program for cardholders, depositors and borrowers of the Bank. Under the new program, clients will be able to instantly receive guaranteed and enhanced bonuses for everyday purchases with the card, transactions in Smartbank, money transfers, opening a deposit, registering a loan, issuing a credit card and many other activities.
  • Eurasian Bank was awarded the ICA Award “COMPLIANCE 2016 — For promotion of compliance practices in the Republic of Kazakhstan”, having become the only STB in Kazakhstan that obtained the international award in the compliance field for application of the advanced experience and best world practices.

March

  • The Board of Directors of the Bank made a decision to increase the equity capital of Eurasian Bank by 6 billion tenge. Thus, the shareholder’s capital of the Bank is 57.1 billion tenge, and the regulatory capital exceeds 103.9 billion tenge. As a result, the Eurasian Bank capital adequacy ratios, which complied with the regulator’s requirements before, substantially increase.
  • Eurasian Bank launches a new credit card for purchase in installments at a 0% interest rate, which, unlike products of competitors, is valid not only in the network of partners, but also in any shop, including abroad or an online shop. The purchase amount on the card is divided into three equal payments, for each transaction a guaranteed bonus is accrued, and only the transaction fee is paid.

April 

  • At the annual general meeting of shareholders of the Eurasian Bank Public Joint-Stock Company (PJSC), held on 14 April 2017, a new Board of Directors of the Bank was elected. It includes Pavel Loginov, Yelena Smirnova, Oleg Pechenkin, Munisa Shodieva, Nurbek Ayazbayev.

June

  • Eurasian Bank became one of the participants to the Program for redemption and sale of measured bars of refined gold to the population from the National Bank of the Republic of Kazakhstan. The Bank began selling gold bars of four types - 10, 20, 50 and 100 grams - made by the Kazakh Mint, in the offices of Almaty, Ust-Kamenogorsk and Atyrau.
  • Standard & Poor’s, the international credit-rating agency confirmed the bank-agent’s long-term and short-term B/B rating outlook. At the same time on a national scale the Bank rating was confirmed as “kzBB”.

July

  • Eurasian Bank launched the Loan at 0.1% action, under which clients, who obtained unsecured loans from 1 July to 31 December 2017, become participants to the lottery of 96 loans at 0.1% rate. Under the terms of the action at registration of a loan agreement, its number is automatically entered into the participant database. Every month on the air, with the help of a random sampling of numbers, 16 winners are selected, and the rate on their loan is recalculated at 0.1%.
  • Eurasian Bank successfully passed the annual certification procedure for compliance with the requirements of version 3.2 of the PCI DSS information protection international standard in the payment card industry. This confirms the high level of security of the Bank’s informational systems that secure storage, processing and transmission of payment card data according to the opinion of independent audit conducted by FortConsult.

September

  • The Board of Directors of Eurasian Bank approved the Development Strategy of Eurasian Bank until 2022, the main objective of which is to make the Bank the most convenient bank for clients, the best employer, and profitable for shareholders and investors.
  • Eurasian Bank bought out its own international obligations in the total amount of 258, 801, 056 US dollars on the Kazakhstan Stock Exchange during the period from 17 to 25 August, 2017. Taking into account previously redeemed and canceled eurobonds, the Bank’s repayment obligations under this issue on the scheduled redemption date, on 6 November 2017, are 102,595,944 US dollars.
  • Eurasian Bank issued subordinated bonds in the amount of 150 billion tenge.
  • Eurasian Bank became the first participant to the Kazakhstan Bank Sector Financial Sustainability Enhancement Program in accordance with the Resolution of the Management Board of the National Bank of the Republic of Kazakhstan No. 183.

October

  • By the decision of the Board of Directors of Eurasian Bank PJSC Dmitry Brik was appointed the Chairman of the Management Board of Eurasian Bank PJSC (Russia). Prior to his appointment to the post of the Chairman of the Management Board, Dmitry Brik coordinated the work of the Eurasian Bank branches in the position of Advisor to the Chairman of the Management Board.

November

  • Eurasian Bank, ForteBank, SB Sberbank and Kaspi Bank entered into the agreement on partner terms for cash withdrawal in local ATM networks. Clients of four banks will be able to withdraw up to 200 thousand tenge per one transaction and up to 500 thousand tenge per day from ATM of another participating bank. The Agreement simplifies for clients the cash withdrawal from more than 2, 500 ATMs throughout the Republic of Kazakhstan.

December 

  • Eurasian Bank and OneTwoTrip travel service launched the special eubank.onetwotrip.kz portal, allowing the Bank clients to get a bonus when buying air tickets and booking hotels or to pay by installment for 3 months.
  • S&P Global Ratings (S&P) the international credit-rating agency confirmed the bank-agent’s long-term and short-term B/B rating outlook and the rating on a national scale “kzBB”. In addition, S&P removed the UCO Bank ratings (Under Criteria Observation – ratings observed due to the criteria review) as the Bank is a participant to the Kazakhstan Bank Sector Financial Sustainability Enhancement Program.