ForteBank Joint Stock Company, together with its subsidiaries, provides commercial banking products and services in the Republic of Kazakhstan. The company operates through Corporate Business, Small and Medium Businesses, Retail Banking, and Investing Activities segments. The company offers loans, such as cash, collateralized, and car and preferential car loans; mortgage with collateral; refinancing services; installation payment; money transfer; forex; and debit and credit cards, as well as accepts cash and saving deposits. It also provides brokerage and trust management services; and settlement and cash services, transactions on guarantees, and other transactions with corporates, and small and medium business. In addition, the company engages in the securities transactions, derivative financial instruments, and foreign currency transactions activities. Further, it offers bank guarantees; software development; leasing; brokerage and dealer, and investment portfolio management services; and doubtful and bad assets management services. The company was formerly known as Alliance Bank JSC and changed its name to ForteBank Joint Stock Company in February 2015. ForteBank Joint Stock Company was founded in 1999 and is headquartered in Astana, the Republic of Kazakhstan.
Metrics to compare | ASBN | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipASBNPeersSector | |
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P/E Ratio | 14.7x | 12.1x | 9.7x | |
PEG Ratio | 0.36 | −0.33 | 0.03 | |
Price/Book | 4.6x | 1.1x | 1.0x | |
Price / LTM Sales | 8.9x | 2.6x | 2.9x | |
Upside (Analyst Target) | - | 10.2% | 9.0% | |
Fair Value Upside | Unlock | −7.6% | 1.3% | Unlock |