Tsesnabank became the first CIS bank to receive World Finance 100 award

 

11.01.2012

Tsesnabank became the first CIS bank to receive World Finance 100 award

Tsesnabank has entered the list of a hundred leading companies of an annual project of a British World Finance magazine. Therefore, it has become the first CIS bank to receive this prestige award.

World Finance 100 list includes leading companies and individuals whose achievements helped their industries development. The list of 2011 represents global business elite whose strategic view and enterprise form a conceptual landscape of finance, business and technologies.

Due to a successful strategy, Tsesnabank entered the eight largest banks by assets in Kazakhstan, whereas two years before it was the 14th in the rating. Such growth of assets would be impossible without deposit holders increase where Tsesnabank became one of the absolute leaders in Kazakhstan consequently reflecting an increasing trust of domestic deposit holders. Justifying the trust of foreign investors, Tsesnabank became was one of the first Kazakhstani banks that fully and on-time paid all large external loans during the recession, including Eurobonds. Due to the stable work and strong management team, Tsesnabank also attracted new corporate clients with saving the highest quality of credit portfolio in the industry.

— Tsesnabank’s inclusion into the prestige list of World Finance magazine among such top-ranked brands as Goldman Sachs in investment sphere, Daimler and Volkswagen Group in auto industry, SAP and Apple in IT, Google and Facebook in internet-sphere, — is a proof of successful achievements of the bank, — Dauren Zhaksybek, Chairman of the Board of «Tsesnabank» JSC mentioned. — We celebrated 20 years of our bank’s activity in January 2012, and we are glad to say that our development model has already proved its vitality and helps us use opportunities provided by the crisis.

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