Freedom Holding Corp (FRHC)

[Quintessence]

I'm still in! Timur just posted this in Instagram:

You know, one of the key industries by which people now learn about the New Kazakhstan on the world stage is fintech. Thanks to the fact that public services are developed, open and available to all banks, we are able to make such cool products that many of our competitors in other countries can only dream of. These opportunities, such as online car loans and overnight mortgages, are something that terribly inspires us and gives us hope that there are many changes for the better ahead. Our extremely young and small bank, thanks to technology alone, could become the largest mortgage bank in the country in a year! In what country is this even possible now?

The bank is about registering property, it is very difficult to do cool things without integration with public services. In Kazakhstan, public services began to be built many years ago, we have an IIN, most of the databases have been digitized and structured over the past two decades. Now all these databases need to be turned into working processes and integrations with other services and financial institutions should be started. Our Minister of Digitalization @bagdatmussin, knows how to think in a client way and experience, looks at many IT processes as we look at them. We have a really Cool and professional team both in the AFRR and in the National Bank of the Republic of Kazakhstan, no matter how much we argue over individual details. It seems that there has never been so much practical progress in products as our banking industry has seen over the past three years.

Now the most important story is not to drown in internecine wars and systematically follow the path of reducing the participation of the state in the economy, demonopolizing its industries.

Our young team came to the banking industry - how much activity arose at once! It seems to me that we have shaken up the market, we have shown new opportunities to many luminaries of the market with a blurry look. I am sure that in telecom, too, new players will shake up the market and create opportunities that have never been seen before. They will be able to look at the processes differently, they will be able to explain why it is possible, and not why - “it is impossible”. The market does not demonopolize itself. ICRIAP is now doing what many people do not like, but it is very important for the country now. I really want Zhana Kazakhstan to win. A unique chance!