MFC Member −  KMF Receives Permission to Become a Second-Tier Bank!

A major milestone has been achieved in KMF’s journey. The Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market (ARDFM) has granted KMF permission to transform into a second-tier bank.

This significant step emphasizes KMF’s commitment to development and providing better financial solutions to its customers. The transformation into a bank involves adhering to all banking regulations, modernizing business processes, and introducing new operational activity standards. This will ensure KMF can deliver even more affordable and efficient services to its customers.

Shalkar Zhusupov, Chairman of the Management Board, remarked:

 “Obtaining this permit is the result of many years of work by our team. We are confident that this step will allow us to offer customers even better and more affordable financial solutions.”

Congratulations to KMF on this remarkable achievement!