Zamanbank

Zaman-bank is one of the regional banks of Kazakhstan that mostly serves legal entities and individuals in Pavlodar province. JSC "Zaman-Bank" was established on June 6, 1991 in Almaty as a private bank. On June 6, 1991 National State Bank of the Kazakh Soviet Socialist Republic granted a license to open a bank. The license number is № MP 11. The name "Zaman" is translated from Kazakh as the "Epoch".

In September 1996 the Bank became a joint stock company and became known as an open joint stock company "Zaman-Bank".

In 1998 there was a change of shareholders of Zaman-Bank. New shareholders decided to redeploy the bank from Almaty city to Ekibastuz city of Pavlodar region.

In 2003, Zaman-Bank opened a branch in Almaty city.

Since March 1, 2003 the bank is a full member of the Association of Legal Entities and Association of Financiers of Kazakhstan.

In 2003 the bank was among the first second-tier banks of Kazakhstan, which met the requirements of National Bank of Kazakhstan on the transition to International Accounting Standards. In the same year, the bank moved to the preparation of financial statements in accordance with International Financial Reporting Standards.

Since October 13, 2003 the bank is a member of mandatory collective guarantee of deposits of individuals.

References

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