ATFBank Joint Stock Company

founded in June 1995

ATFBank Joint Stock Company

History of ATFBank

ATFBank Joint Stock Company was founded in June 1995 when the National Bank of the Republic of Kazakhstan registered Almaty Trade -Finance Bank CJSC. In the same year ATFBank obtained General License from the National Bank of the Republic of Kazakhstan No.59 for conducting operations in tenge and foreign currency in accordance with the banking legislation of Kazakhstan. In 2001 Almaty Trade- Finance Bank Open Joint-Stock Company was registered and in June 2002 ATFBank - Open Joint-Stock Company. In October 2003 the Bank was re-registered as ATFBank JSC.



In 2019 ATFBank improved its market positions by the main indicators. It is the 6th in the market by assets (+1 place, market share is now 5.2%) and the 5th by the loan portfolio (+1 place, market share is now 6.8%), it also remained the 6th by total deposit portfolio with 4.8% market share. 

Fitch Ratings assigned long-term issuer default rating in the foreign and local currency at B-/Outlook Stable and BB-(kaz)/ Outlook Stable;

Credit rating service of S&P Global Ratings confirmed Bank’s ratings at B-/B. National long-term rating was also confirmed at "kzBB".

Moody's Investors Service announced increase of long-term local and foreign-currency deposit rating from B3 to B2; 

In December 2019 the Bank held Partners’ Forum III for its SME clients. About 200 entrepreneurs from all over Kazakhstan and leading international and Kazakhstan business experts were participants of the Forum; 

Asiamoney international financial publication named ATFBank as Best Bank for SMEs in Best Banks Awards 2019;

In prestigious international Bank of the Year Awards 2019 by a prominent British publication The Banker, ATFBank won Bank of the Year in Kazakhstan award

ATFBank was declared best Kazakhstan bank in two nominations: “Best Retail Bank Kazakhstan 2019” and Best Private Bank Kazakhstan 2019 by International Business Magazine; 

The Bank implemented new Internet Banking ATF24 for its individual clients where it is now even easier to manage finance remotely; 

The Bank took part at International Сentral Asia SME Banking Club Conference 2019 for Central Asian countries where it presented its growth indicators in SME and key focuses in its development;  

The Bank won two awards at XV International PR-forum. Corporate magazine SQ (Service Quality) was recognized the “Best corporate magazine 2019” and PLATFORM magazine for the Bank’s SME clients got grand prize – best corporate publication.


Following the results of 2018, ATFBank improved its market positions in terms of key indicators. It became 7th by assets (+1), 6th by loan portfolio (+1), 6th by total deposit portfolio (+2), 3rd by deposit portfolio (+3);

Fitch Ratings assigned a long-term issuer default rating in foreign and national currency at “B”, a long-term national scale rating at BB + (kaz);

S&P Global Ratings assigned long-term and short-term credit ratings at “B”, a long-term rating on the national scale of Kazakhstan at kzBB+;

Moody’s Investors Service assigned a long-term deposit rating at B3;

ATFBank received the Most Innovative Private Bank - Kazakhstan 2018 award from the International Finance magazine;

ATFBank received an award in the category Most Innovative Banks: Innovative banks in the field of SME in the CIS and Caucasus according to SME Banking Club;

ATFBank received an award for Successful implementation of new debit products from VISA IPS;

VISA IPS also awarded ATFBank for Outstanding APPLE Implementation;

In the SME segment ATFBank ranked 4th among second-tier banks in terms of volume and number of subsidized projects;
ATFBank became a leader in terms of funds utilization under “Damu Regions III” program and received “The Public Trust” award for Supporting Small and Medium Enterprises from “Damu” Business Development Fund” JSC as the bank utilizing the maximum amount of finance under the program;

ATFBank won “the Most Eco-Friendly Bank” nomination as the Bank that signed the largest number of projects under Damu program together with UNDP “Sustainable Cities for Low-Carbon Development”.