Home Credit Bank (ForteBank) Fully Redeems 20 Billion Tenge Bond

Home Credit Bank JSC, a subsidiary of ForteBank, fully redeemed its KZ2C00009918 (HCBNb10) bonds on August 7, 2026, paying bondholders 20 billion tenge in principal along with a final, sixth coupon payment of 1.65 billion tenge. The total payout came to 21.65 billion tenge. The timely redemption is a reassuring signal for investors in Kazakhstan's debt market, confirming the issuer's solvency and the broader reliability of the country's banking sector. For KASE bondholders, such news helps gauge banks' credit quality and plan reinvestment of freed-up funds into new issues.