Bank RBK, owned by Vladimir Kim, took 7th place by assets in the country as of June 1, although it was previously in 10th. For the first time in a long time, Eurasian Bank lost its position among the largest financial institutions. This was reported by Qazaqyia.kz citing Kursiv Media.
In May, significant changes occurred among the largest banks by assets. Bank RBK's assets grew by 267 billion tenge in a month, reaching 2.95 trillion tenge, which was the second fastest growth rate after the country's largest bank, Halyk Bank (+409 billion tenge).
As a result, Bank RBK took seventh place in the country by assets as of June 1, rising from 10th. It overtook Eurasian Bank, which had held that position for a long time and dropped to 8th place with assets of 2.8 trillion tenge. Freedom Bank also lost one position compared to the previous month, taking 9th place (assets – 2.74 trillion tenge). Bereke Bank closed the top ten with assets of 2.7 trillion tenge.
It is worth noting that, in addition to these banks, the list of the largest banks in Kazakhstan includes:
According to KASE, 84.81% of Bank RBK shares belong to KSS Finance company. Through it, the bank is controlled by businessman Vladimir Kim, who is 2nd in the list of the richest Kazakhs with a fortune of $5.9 billion.
Earlier it was reported that Kazakh billionaire Vladimir Kim registered a new holding company, RBK Holding Limited, under the jurisdiction of the Astana International Financial Centre (AIFC).