ASHGABAT, Turkmenistan, April 2. Kazakhstan’s
President Kassym-Jomart Tokayev held a meeting with the CEO of
Sberbank, German Gref, and discussed key issues related to the
development of the banking sector, as well as the impact of the
current geopolitical situation on the economies of countries in the
region,
Trend reports via the press office of the Kazakh President.
Particular attention was paid to the prospects for applying
digital solutions and artificial intelligence in the financial
sector.
The discussions also focused on the modernization of financial
services and the role of innovation in improving the efficiency of
banking systems.
Sberbank is a major Russian banking and financial services group
with a long history of international operations. Its subsidiary
Sberbank Kazakhstan was one of the significant players in
Kazakhstan’s banking sector after being established there in the
mid-2000s, providing a full range of retail and corporate banking
services and digital solutions. However, in August 2022, Sberbank
sold its Kazakh subsidiary to the state-owned financial holding
Baiterek, which continued its operations under local management
following the acquisition.
