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Native name | |
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Company type | JSC – Joint Stock Company |
KASE: EUBN | |
Industry | Financial services |
Founded | 1994 [1] |
Headquarters | Almaty, Kazakhstan |
Area served | Kazakhstan, Russia |
Key people | Lyazzat Satiyeva(CEO) |
Products | Asset management, consumer banking, corporate banking, credit cards, mortgage loans, private banking, wealth management |
Revenue | |
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| |
Total assets |
|
Total equity |
|
Number of employees | > 5,500 (2013) [3] |
Website | https://eubank.kz/ |
Eurasian Bank JSC is the ninth-largest lender [4] in Kazakhstan, headquartered in Almaty. [5] It was founded in 1994 as a closed joint-stock company, and reregistered in 2003 as a joint stock company due to joint stock company law changes. [6] The Bank is owned 100% by Eurasian Financial Company JSCwhich is 100% owned by three equal shareholders: Alexander Mashkevich, Alijan Ibragimov, Patokh Shodiyev (aka Patokh Chodiev) [7]
On September 13, 2022, Lyazzat Satiyeva was elected as the chairman of Management Board of Eurasian Bank JSC (Kazakhstan). [8]
On April 30, 2020, the international rating agency Moody's Investors Service (Moody's) retained the rating of Eurasian Bank at B2 and the basic credit rating of b3, the outlook for the bank's long-term operations in national and foreign currencies was lowered to "negative" following the worsening of general forecasts for the banking sector and economy of Kazakhstan. [9]
On October 17, 2019, the management of Eurasian Bank JSC decided to continue cooperation only with the rating agency Moody’s Investors Service. [10]
Eurasian Bank has a B+ Long-term Counterparty Credit Rating with Positive outlook and a kzBBB+ local scale rating from Standard & Poor's, [11] it has had these ratings since the December 2011 upgrade.
The bank also has a B1 Long-term foreign currency deposit rating with Negative outlook from Moody's Investors Service, [12] it has had this rating since 2003, and the negative outlook has been in place since 2009.
On January 16, 2015, Tatyana Burnakina, Executive Director of the Department of Bank Cards and Payment Services, allowed herself to criticize the professional activities of her bank employees, giving an interview to the Krasnoyarsk edition Newslab.ru. Among other things, Burnakina stated about the facts of fraud and theft in the bank. [13] On January 19, 2015, the press service of the bank disseminated information in the media about the termination of the employment contract with Tatyana Burnakina for gross violations of the code of ethics and business conduct [14]
History section based on press releases and chronology found on company website. [15]
![]() | |
Native name | |
---|---|
Company type | JSC – Joint Stock Company |
KASE: EUBN | |
Industry | Financial services |
Founded | 1994 [1] |
Headquarters | Almaty, Kazakhstan |
Area served | Kazakhstan, Russia |
Key people | Lyazzat Satiyeva(CEO) |
Products | Asset management, consumer banking, corporate banking, credit cards, mortgage loans, private banking, wealth management |
Revenue | |
| |
| |
Total assets |
|
Total equity |
|
Number of employees | > 5,500 (2013) [3] |
Website | https://eubank.kz/ |
Eurasian Bank JSC is the ninth-largest lender [4] in Kazakhstan, headquartered in Almaty. [5] It was founded in 1994 as a closed joint-stock company, and reregistered in 2003 as a joint stock company due to joint stock company law changes. [6] The Bank is owned 100% by Eurasian Financial Company JSCwhich is 100% owned by three equal shareholders: Alexander Mashkevich, Alijan Ibragimov, Patokh Shodiyev (aka Patokh Chodiev) [7]
On September 13, 2022, Lyazzat Satiyeva was elected as the chairman of Management Board of Eurasian Bank JSC (Kazakhstan). [8]
On April 30, 2020, the international rating agency Moody's Investors Service (Moody's) retained the rating of Eurasian Bank at B2 and the basic credit rating of b3, the outlook for the bank's long-term operations in national and foreign currencies was lowered to "negative" following the worsening of general forecasts for the banking sector and economy of Kazakhstan. [9]
On October 17, 2019, the management of Eurasian Bank JSC decided to continue cooperation only with the rating agency Moody’s Investors Service. [10]
Eurasian Bank has a B+ Long-term Counterparty Credit Rating with Positive outlook and a kzBBB+ local scale rating from Standard & Poor's, [11] it has had these ratings since the December 2011 upgrade.
The bank also has a B1 Long-term foreign currency deposit rating with Negative outlook from Moody's Investors Service, [12] it has had this rating since 2003, and the negative outlook has been in place since 2009.
On January 16, 2015, Tatyana Burnakina, Executive Director of the Department of Bank Cards and Payment Services, allowed herself to criticize the professional activities of her bank employees, giving an interview to the Krasnoyarsk edition Newslab.ru. Among other things, Burnakina stated about the facts of fraud and theft in the bank. [13] On January 19, 2015, the press service of the bank disseminated information in the media about the termination of the employment contract with Tatyana Burnakina for gross violations of the code of ethics and business conduct [14]
History section based on press releases and chronology found on company website. [15]