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News

11.06.2019

Altyn Bank in digital banking Altyn-i launched Apple Pay contactless payments

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30.04.2019

Changes in standard documents forms

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27.03.2019

Credit rating agency Fitch Ratings has affirmed Altyn Bank’s Issuer Default Rating at "BBB -" and assigned a Viability rating at "bb-"

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18.03.2019

Altyn Bank has become an indirect participant of the Chinese payment system CIPS

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07.02.2019

Altyn Banks digital banking system Altyn-i now provides «Suńqar» service of money transfer to other Kazakhstan banks accounts using a mobile phone number   

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Altyn Bank (Subsidiary Bank of China CITIC Bank Corporation Ltd) has joined the Chinese Cross-Border Interbank Payment System (CIPS). The system is designed for international settlements in Chinese yuan and allows foreign market participants to make payments in yuan directly with Chinese partners.

The bank joined CIPS as an indirect participant. Major shareholder of the bank, China CITIC Bank Corporation Ltd., being a direct participant of CIPS, provides the indirect participation for Altyn Bank.                                                                                                                                        

“This step allows us to introduce to our customers in Kazakhstan the financial services similar to those offered by China CITIC Bank’s to its clients in China„, emphasized Marat ALMENOV, CEO of Altyn Bank. Participation in CIPS will help our customers, both legal entities and individuals, to quickly and efficiently make payments in Chinese yuan by saving the time for remittances and reducing transaction costs„.

Reference information:

Altyn Bank JSC (Subsidiary Bank of China CITIC Bank Corporation Ltd), former Subsidiary Bank of HSBC Bank Kazakhstan JSC, has been present in Kazakhstan financial market for more than 20 years. Altyn Bank is a universal commercial bank servicing corporate and retail customers, ranks 13th in terms of assets and has the highest ratings (Fitch - “BBB-„, Moody’s - “Ba1„) among commercial banks in Kazakhstan. Altyn Bank launched the first full-scale digital bank Altyn-i in Kazakhstan with a full range of financial services for individuals. It has 5 branches in Almaty, Astana, Atyrau, Aktau, AIFC and 2 additional branches in Almaty.

For additional comments please refer to:

Ermek Koichebayev
Marketing Department
Tel. +7 (727) 356 61 79, (ext. 11 179)
E-mail: Ermek.k@altynbank.kz