Jul 11, 2025
Galimzhan Yesenov was previously the owner of the bank.
Co-owner Kaspi.kz Vyacheslav Kim has completed the acquisition
of 100% of shares of Alatau City Bank (formerly Jusan Bank) from its former owner
Galimzhan Yesenov. Press-service of financial institute reported to Forbes
Kazakhstan on July, 11.
Until that day, Galimzhan Yesenov (19th in
the ranking of the richest businessmen in 2025 with the capital of $560
million) owned 19,67% of the shares of Jusan Bank directly and 78,11% through
First Heartland Securities JSC, which he personally owned.
“The acquisition of Alatau City Bank is extremely
important to me, and I plan to implement a fundamentally new financial institution
for Kazakh market on its basis. I appreciate bank management for the outstanding
work, which has been provided for last 2 years. I`m confident that we will succeed
if we keep all the best practices and rely on accelerated technological
development” – Kim commented on his purchase.
Note to remember, Vyacheslav Kim received permission
from the Agency for Regulation and Development of the Financial Market to
acquire a majority stake in Jusan Bank on May, 30.
At the same time, on May 28, Jusan Bank without waiting
for a change of shareholder, announced its renaming to Alatau City Bank and
even introduced a new logo. On this occasion, the press-service of Jusan Bank made
the following comments: “When choosing a new name, we were inspired by the
establishing of mega project Alatau city - the city of the future (…) In
addition, Alatau City Bank plans to participate in this global project…” However,
the bank is not going to change its legal address – head office will remain in
Almaty.
On June 16, Jusan Bank completed the state
re-registration procedure and was officially renamed to Alatau City Bank.