About the Bank
Otbasy Bank was established in 2003 with the goal of improving the efficiency of long-term housing construction financing, as well as developing the housing construction savings (HCS) system aimed at enhancing the living conditions of the population.
The Bank’s core activities include the following:
The founder of the Bank is the Government of the Republic of Kazakhstan, represented by the Committee of State Property and Privatization under the Ministry of Finance, which holds the state-owned shares of the Bank. Since August 2013, the sole shareholder of the Bank has been Baiterek National Management Holding JSC (hereinafter referred to as the Holding). The Bank is a part of the Holding’s group of companies. It has no subsidiaries and holds no equity interests in the charter capital of other legal entities.
The Bank operates as a joint stock company and its:
Full name:
- In Kazakh: “Отбасы банк” тұрғын үй құрылыс жинақ банкi” акционерлiк қоғамы;
- In Russian: Акционерное общество “Жилищный строительный сберегательный банк “Отбасы банк”;
- In English: Otbasy Bank Housing Construction Savings Bank Joint Stock Company.
Abbreviated name:
- In Kazakh: “Отбасы банк” АҚ;
- In Russian: АО “Отбасы банк”;
- In English: Otbasy Bank JSC.
Registered address of the Bank’s executive body: 91 Abylai Khan Avenue, Almaly District, Almaty, A05A2X0,
Republic of Kazakhstan.
The Chair of the Bank’s Management Board is Lyazzat Ibragimova.
Ratings
Moody's
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Long-term deposit rating in national currency: |
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Ваа1 |
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Short-term deposit rating in national currency: |
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Prime-2 |
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Baseline Credit Assessment (BCA): |
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Ваа1 |
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Rating Outlook: |
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Stable |
FitchRatings
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Long-term Issuer Default Rating (IDR) in national currency: |
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BBB |
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Short-term IDR in national currency: |
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F2 |
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Rating Outlook: |
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Stable |