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History and Key Milestones

Tsesnabank's history of operating in the banking market of Kazakhstan spans 27 years. Founded in 1992, soon after the declaration of independence of the Republic of Kazakhstan, the bank has been successfully providing services to its customers along with the development of the sovereign state and its banking system.



February 2019

On 7 February 2019, Mr Shigeo Katsu became Chairman of the Board of Directors of Tsesnabank, and Mr Bekzhan Pirmatov became Chairman of the Management Board of Tsesnabank.


On 6 February 2019, First Heartland Securities JSC acquired 99.5% of Tsesnabank's ordinary shares. 

January 2019

Mr Nikolay Mechsheryakov was appointed Chairman of the Board of Directors of Tsesnabank JSC. 


On 29 October 2018, Tsesnabank opened its Turkestan Branch.

On 19 September 2018, the mechanism for the agricultural sector rehabilitation was approved and an agreement for the buyout of a part of Tsesnabank’s loan portfolio in an amount of KZT 450 billion by the Fund of Problem Loans was signed.

On 14 September 2018, pursuant to the decision of the Board of Directors, Mr Yerzhan Toleubekov left the position of Chairman of Tsesnabank's Management Board. Mr Ulf Wokurka was elected new Chairman of the Management Board of Tsesnabank.

On 14 March 2018, Tsesnabank JSC and Financial Holding Tsesna JSC sold their entire stake in Bank CenterCredit JSC to a group of Kazakh buyers.


November 2017

Tsesnabank won International Banker award for Best Commercial Bank of the Year Kazakhstan 2017.

September 2017

Tsesnabank won Asiamoney award for Best local bank in Central & Eastern Europe for Belt & Road Initiative.
Tsesnabank won the Asian Development Bank Trade Finance Program award for Leading Partner Bank in Kazakhstan.

May 2017

Tsesnabank presented the largest VIP-center in Kazakhstan with an automated round-the-clock depositary.

April 2017

Tsesnabank acquired ordinary and preferred shares of Bank CenterCredit.

January 2017

On January 17 Tsesnabank celebrated its 25th anniversary


April 2016

On 30 April 2016,  the Asian Development Bank (ADB) and Tsesnabank signed an agreement under the ADB Trade Finance Program for providing guarantees for trade finance transactions of Tsesnabank.

February 2016

Tsesnabank acted as lead manager and participating bank of a syndicated loan to Belarusbank, Minsk, Belarus.   

January 2016

At the press conference on 28 January 2016 Gennady Golovkin officially confirmed that he will participate in social and commercial projects as Tsesnabank's ambassador.



November 2015

Tsesnabank launched the issue and servicing of MasterCard® payment cards (new products: Debit MasterCard® and Platinum MasterCard®).



July 2014

Tsesnabank recognized by Euromoney as Best Bank in Kazakhstan for second year in a row



November 2013

The Banker recognized Tsesnabank as Bank of the Year 2013 in Kazakhstan

July 2013

Tsesnabank won the Euromoney award for Best Bank in Kazakhstan

May 2013

Tsesnabank became Principal Member of MasterCard international payment system

Tsesnabank is a winner of 'Investment Angel' World Investment Award in the nomination 'Most Dynamically Developing Kazakhstan and Foreign Bank'



July 2012

Tsesnabank became the winner of World Finance Award Best Commercial Bank in Kazakhstan 2012

January 2012

Tsesnabank recognized in the 2011 World Finance Top 100, the global list of organizations and individuals who lead the way in driving their industries forward  


October 2011

Tsesnabank’s status upgraded by Visa International payment system to Principal Member



February 2010

Tsesnabank repaid in full its matured $125mn Eurobond


June 2009

Tsesnabank set up its own card processing centre


December 2007 – May 2010

Successful utilization of funds under the government’s SME support programme in excess of KZT9bn and mortgage refinancing programme in the amount of KZT4bn


May 2007

Tsesnabank recognized by Euromoney as one of the “Best Managed Banks in Central & Eastern Europe and Central Asia 2007” 

February 2007

$125mn Reg S 3-year 9.875% debut Eurobond issue


A number of ECA-covered transactions concluded with Landesbank Berlin AG/Hermes/SACE, Deere Credit, Inc./US Ex-Im Bank, and EDC


Three syndicated loans attracted (for $22mn, $50mn and $54mn)


May 2004

Joined Visa International payment system as Associate Member


October 2003

Tsesnabank rewarded by EBRD for the best quality of the loan portfulio


Completed the “Twinning” Institutional Development Programme with Rabobank, The Netherlands


Credit lines from major multilaterals established: the Asian Development Bank for agricultural sector, EBRD for SME business development, the World Bank on the Agricultural Post-Privatization Assistance Project


January 17, 1992

Tsesnabank registered with the National Bank of Kazakhstan