Abu Dhabi Commercial Bank to Obtain Kazakhstan Banking License by End of 2026
Summary
Madina Abylkassymova announced that Abu Dhabi Commercial Bank plans to acquire a banking license in Kazakhstan by the end of 2026.
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Abu Dhabi Commercial Bank is set to receive a banking license in Kazakhstan before the end of 2026. This was announced by Madina Abylkassymova, head of the Agency for Regulation and Development of the Financial Market.
The entry of the international financial institution is expected to expand the presence of foreign capital in the country's banking industry and foster market competition.
Source: Kapital.kz
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