Bereke Bank
Bereke Bank is a Kazakhstan-based commercial bank serving individuals, entrepreneurs, and businesses through 17+ regional branches and digital channels, offering deposits, lending, multi-currency cards, trade finance, and business banking with full banking and securities licenses.
- Company typePrivate
- Founded2006
- HeadquartersAlmaty, Kazakhstan
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
What Bereke Bank does
Bereke Bank is a Kazakhstan-based commercial bank offering a full suite of retail, SMB, and premium banking services to individuals, individual entrepreneurs (IE), and limited liability companies (LLC). Founded in 2006 and headquartered in Almaty, it operates as a joint stock company (АҚ / Lesha Bank LLC Public) holding both a banking operations license (No. 1.1.199, 27.02.2025) and a securities market license (No. 3.3.255/47, 12.03.2025) issued by Kazakhstan's Agency for Regulation and Development of the Financial Market. The bank distributes its products through 17+ regional branches and dozens of service points nationwide, supplemented by mobile applications (Bereke for individuals, Bereke Business for legal entities), internet banking, an API portal (API Bereke Business), customer hotlines, and an extensive correspondent banking network spanning USD, EUR, CNY, RUB, AED, GBP, CHF, JPY, and TRY currencies.
Its core products span deposit accounts (with promotional rates up to 20.00% annually), mortgages (up to 70 million KZT, 15-year terms), unsecured online credits (up to 8 million KZT, processed in 5 minutes), collateral-backed loans (up to 50 million KZT), auto financing, and multi-currency premium cards. Business banking includes settlement accounts, online business credits (up to 15 million KZT), merchant/internet acquiring, bank guarantees, factoring, letters of credit, and dedicated foreign economic activity services (СЭҚ) with a China business development track. Technology infrastructure is described as standard banking systems with digital banking layers; no proprietary AI/ML capabilities are disclosed.
Bereke Bank generates revenue through interest income from lending activities, fee and commission income from banking services (transfers, cards, acquiring, FX), and securities/investment services. Its go-to-market is sales-led through branches and digital channels, targeting retail mass-market consumers, SMB/IE customers (with rapid 5-minute digital onboarding), and affluent clients via private banking and premium card products. The bank is a participant in the Kazakhstan Deposit Insurance Fund (KFG) and adheres to FATCA, Wolfsberg, AML/CFT, and OFAC compliance standards.
Bereke Bank firmographics
Firmographics- Name
- Bereke Bank
- Legal name
- Bereke Bank АҚ (Lesha Bank LLC (Public))
- Website
- https://berekebank.kz
- Company type
- Private
- Founded year
- 2006
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- Bereke Bank is a Kazakhstan-based commercial bank serving individuals, entrepreneurs, and businesses through 17+ regional branches and digital channels, offering deposits, lending, multi-currency cards, trade finance, and business banking with full banking and securities licenses.
- Ownership category
- akta.pro rank
Where Bereke Bank is headquartered
LocationHeadquarters
- HQ city
- Almaty
- HQ country
- Kazakhstan
- HQ region
- Asia
Offices18 records
Markets served
Bereke Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- Interest Income: Bereke Bank generates revenue primarily through interest income from lending activities including mortgages (up to 70 million KZT), unsecured online credits (up to 8 million KZT), auto loans, collateral-backed loans (up to 50 million KZT), and business credits. The bank offers competitive deposit rates ranging from 15.05% to 20.00% annual.
- Fee and Commission Income: Revenue from banking service fees including account maintenance, money transfers (SWIFT, domestic, CIS, Russia, China), card services (debit, premium, multi-currency), acquiring/internet acquiring, foreign exchange operations, salary project services, bank guarantees, factoring, letters of credit, and corporate banking services.
- Securities and Investment Services: Revenue from investment products including USD-denominated investments (2.25% annual), brokerage services with nominal holding of securities, and foreign exchange operations. The bank holds licenses for securities market operations issued by Kazakhstan's financial market regulator (AFM RK).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Salam deposit — promotional rate of 20.00% per annum |
| Subscription | Annual | Bereke deposit — 18.01% per annum |
| Subscription | Annual | Bereke top-up deposit — 19.00% per annum |
| Subscription | Annual | Daily Bereke deposit — 15.05% per annum |
| Per seat | Monthly | Premium multi-currency card — no annual fee mentioned |
| Subscription | Monthly | Online mortgage credit up to 70 million KZT for up to 15 years |
| Subscription | Monthly | Online credit up to 8 million KZT |
| Subscription | Monthly | Collateral-backed credit up to 50 million KZT |
| Subscription | Monthly | Business credit for IE/LLC up to 15 million KZT |
| Subscription | Annual | USD investment product — 2.25% per annum |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels5 records
Bereke Bank product offering
Product offeringCore offering
Bereke Bank is a Kazakhstan-licensed commercial bank that accepts deposits, originates consumer and business loans, issues debit and premium multi-currency cards, processes domestic and cross-border transfers (including SWIFT, CIS, Russia and China corridors), and provides corporate banking services (settlement accounts, acquiring, bank guarantees, factoring, letters of credit, salary projects) for individuals, individual entrepreneurs and legal entities. Its products are delivered through a national branch network, dedicated mobile applications, internet banking portals and an open API for businesses, supported by correspondent banking relationships across nine currencies.
Product overview
Bereke Bank is a Kazakhstan-based bank offering a comprehensive suite of banking products and services for both individuals and legal entities through multiple delivery channels including mobile applications, online banking, and branch network. The core offering consists of personal banking products (deposits, credits, cards) and business banking services (accounts, lending, acquiring, trade finance, and API integration). The bank provides its services through the Bereke mobile app for individuals and Bereke Business app for corporate clients, with products organized into personal banking (retail deposits, unsecured and secured loans, multicurrency cards), business banking (settlement accounts, business credits, acquiring, guarantees, factoring, letters of credit), and premium services. Key product families include savings deposits (Salem promotional deposit at 20%, Bereke deposit at 18.01%, daily deposit), lending products (mortgages up to 70M tenge, unsecured loans up to 8M tenge, auto loans, property-collateralized credits), debit and premium multicurrency cards, business current accounts with API integration, and foreign trade services including SWIFT transfers, letters of credit, and correspondent banking relationships across USD, EUR, CNY, RUB, and other currencies.
Differentiator
Problem solved
Functional benefit
Products and services
- Bereke Mobile Banking App (Individuals) Mobile banking application for individual customers providing access to accounts, transfers, payments, deposits, and credit management.
- Bereke Business Mobile App (Legal Entities) Mobile banking application for business customers enabling account management, partner settlements, and 24/7 business operations management.
- Bereke Savings Deposit Product Family (Salem promotional, Bereke, Bereke top-up, Daily Bereke) Family of KZT-denominated savings deposits for individuals offering annual rates of 15.05% (Daily Bereke), 18.01% (Bereke), 19.00% (Bereke with top-up), and up to 20.00% (Salem promotional).
- Online Unsecured Consumer Credit Unsecured personal loan up to 8 million KZT approved online within approximately 5 minutes for individual customers.
- Mortgage (Ипотека) Home financing product offering up to 70 million KZT with repayment terms up to 15 years for individual borrowers.
- Property-Collateralised Consumer Credit Secured consumer loan using real estate as collateral, principal up to 50 million KZT, designed for long-term borrowing by individuals.
- Auto Loans (New, Used, Refinancing) and Refinancing Auto loan financing covering new vehicles, used vehicles, refinancing of existing auto loans, and general loan refinancing for individual customers.
- ALL IN Debit Card Mass-market debit card with cashback rewards on everyday purchases and transactions for individual customers.
- Bereke Premium Multi-currency Card Premium debit card supporting KZT, USD and EUR, with in-app currency selection enabling payments worldwide without conversion fees.
- Bereke Premium Light Card Premium-Light tier debit card with multi-currency functionality (KZT, USD, EUR) at a lighter pricing tier.
- Personal Investment Product (USD 2.25% p.a.) USD-denominated investment product for individuals offering a 2.25% annual return.
- Domestic and Cross-Border Money Transfers (SWIFT, CIS, Russia via Golden Crown, Domestic) Money transfer services for individuals covering SWIFT international wires, transfers to CIS countries, transfers to Russia via the Golden Crown system, and domestic Kazakhstan transfers.
- Currency Exchange Services Currency exchange platform with real-time rates for buying and selling foreign currencies, plus business-focused Bereke Business currency rates.
- Safe Deposit Boxes Secure storage service for valuables and precious items rented to customers from bank branches.
- Business Settlement Account (Online Account Opening) Current account services for sole proprietors and legal entities, with free online account opening via Bereke Business.
- Online Business Credit (IE/LLC up to 15 million KZT) Online business loan up to 15 million KZT processed within approximately 5 minutes for individual entrepreneurs and LLCs.
- Classic Business Lending Traditional business credit facilities with comprehensive documentation requirements for SME and corporate borrowers.
- Business Card (Corporate Debit Card) Corporate debit card for business expense management, linked to the business settlement account.
- Internet and QR/Link Acquiring Merchant payment acceptance service for businesses to accept customer payments via the internet, QR code or payment link.
- Overnight Deposit (Legal Entities) Short-term deposit product for legal entities earning overnight returns on idle business funds.
- Bank Guarantees Bank guarantee services supporting business contractual obligations and participation in tenders.
- Factoring Factoring services providing accounts-receivable financing and working-capital improvement for businesses.
- Letters of Credit (Accreditives) Trade finance instruments issued by the bank for international business transactions, supported by correspondent banking relationships.
- API Bereke Business Portal Open API portal enabling developers and corporate clients to integrate business banking operations and automate workflows.
- Foreign Economic Activity (СЭҚ) Services Comprehensive services for businesses engaged in international trade, including a competence centre, express cross-border business transfers, and a dedicated China business development track.
- Salary Project Corporate salary disbursement and employer-employee banking program delivered via the bank's accounts and cards.
- Partner Programs Banking partnership programs for business collaboration and referrals, registered through the dedicated partner portal.
- Bereke Premium Banking Service Package Premium banking service package including personalised service packages (Premier, First, Exclusive), premium card options, and exclusive benefits for affluent customers, served by the Private Banking office in Astana.
Quantifiable outcome
- Deposit growth for Islamic banks in Kazakhstan — Zaman-Bank 1,427%, ADCB 277% during January-September 2025 (vs 8% system average)
Companies that use Bereke Bank
Customer profileSegments3 records
Ideal customer profiles3 records
Bereke Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration14 records
Bereke Bank partnerships and signals
Strategic signalPartnerships
16 partnerships are on record, tiered core and supporting.
- Kazakhstan Association of Customs BrokerscoreBereke Bank and the Kazakhstan Association of Customs Brokers signed a memorandum to develop foreign economic activity in Kazakhstan. The agreement aims to support entrepreneurs, promote export potential, and improve the business climate in Kazakhstan by facilitating customs-related banking services for businesses engaged in international trade.
- PKF Otsenka Sobstvennosti (Aktau, Almaty, Astana, Uralsk)supportingAppraisal company providing property valuation services for collateral assessment in lending operations. Multiple branches across Kazakhstan cities including Aktau, Almaty, Astana, and Uralsk.
- Global Capital (Kazakhstan)supportingAppraisal and valuation company with multiple regional offices covering Shymkent, Kyzylorda, Taldykorgan, Turkestan, Taraz (Global Capital-S), Astana, Karaganda, Kokshetau, Kostanay (Global Capital-N), and Ust-Kamenogorsk, Pavlodar, Semey (Global Capital-E), and national coverage (Global Capital). Also serves as a registrar.
- D&C EngineeringsupportingEngineering company providing construction supervision, technical supervision, construction quality control, monitoring of construction timelines, and financial-technical control for Bank and client investments during construction and commissioning of facilities.
- UAK EngineeringsupportingEngineering partner providing construction and technical supervision services for bank operations.
- SERT Independent Assessment CentersupportingIndependent assessment center operating as a registrar with branches across Kazakhstan including Almaty, Astana, Karaganda, Kokshetau, Kyzylorda, Pavlodar, Taldykorgan, and Shymkent.
- Citibank N.A. (New York, London)coreCorrespondent banking relationship with Citibank for USD, EUR, AED, GBP, and CHF currency transactions. SWIFT codes: CITIUS33 (New York) for USD, CITIGB2L (London) for EUR, AED, GBP, CHF.
- Bank of China KazakhstancoreCorrespondent banking relationship for CNY currency transactions. SWIFT: BKCHKZKA. Account: KZ139139891402010CNY.
- Industrial and Commercial Bank of China (ICBC Almaty) JSCcoreCorrespondent banking relationship for CNY currency transactions. SWIFT: ICBKKZKXCLR. Account: KZ1293000010C0000002.
- Asian-Pacific Bank (Russia)supportingCorrespondent banking relationship for RUB currency transactions. SWIFT/BIC: ASANRU8X/041012765. Account: 30111810300000005650.
- Credit Europe Bank (Russia)supportingCorrespondent banking relationship for RUB currency transactions. SWIFT/BIC: FMOSRUMM/044525767. Account: 30111810400010013109.
- Realist Bank (Russia)supportingCorrespondent banking relationship for RUB currency transactions. SWIFT/BIC: BIJORU66/044525285. Account: 30111810500000000005.
- Moskommerzbank (Russia)supportingCorrespondent banking relationship for RUB currency transactions. SWIFT/BIC: IVDCRUMM/044525951. Account: 30111810600000058377.
- AKTIF Yatirim Bankasi A.S. (Turkey)supportingCorrespondent banking relationship for USD and TRY currency transactions. SWIFT: CAYTTRISXXX. USD IBAN: TR980014300000000028470811, TRY IBAN: TR380014300000000028470824.
- ODDO BHF SE (Germany)coreCorrespondent banking relationship for EUR currency transactions. SWIFT: BHFBDEFF. Account: 653923.
- Mashreqbank PSC (UAE)coreCorrespondent banking relationship for AED currency transactions. SWIFT: BOMLAEAD. Account: 019030001066. IBAN: AE140330000019030001066.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Bereke Bank competitors and assessment
Company assessmentDirect peers
- Halyk Bank: Largest commercial bank in Kazakhstan offering full retail and corporate banking services. Directly comparable to Bereke in deposit, lending, card, and digital banking products, with shared correspondent network footprint in KZT and multi-currency.
- Jusan Bank: Kazakhstani universal bank with strong retail and SME franchise. Comparable to Bereke in branch-plus-digital distribution, deposit gathering, and business banking offerings.
- Kaspi.kz: Kazakhstan's leading super-app combining payments, marketplace, and fintech with banking services. Comparable to Bereke as a Kazakhstan retail/SMB financial services provider, competing directly for deposits, payments, and merchant acquiring.
- Home Credit Kazakhstan: Kazakhstan consumer finance and digital bank with POS lending and deposit products. Comparable to Bereke in retail online credit processing speed and consumer-focused digital channels.
- ForteBank: Top-5 Kazakhstan commercial bank offering retail and SME banking. Comparable to Bereke across deposit products, multi-channel distribution, and digital-first onboarding strategy.
- Bank CenterCredit: One of Kazakhstan's largest universal banks serving retail and corporate segments. Comparable to Bereke across deposit/loan book composition, multi-currency cards, and trade finance services.
- Eurasian Bank: Kazakhstan-based universal bank focused on retail and SME banking. Comparable to Bereke in product mix (deposits, credits, cards, transfers) and digital channel strategy.
Regional players
- TBC Bank Uzbekistan: Digital-first bank in neighboring Central Asian market. Comparable to Bereke's mobile-first strategic approach, though operating in a different jurisdiction.
Broad incumbents
- Savings Bank of Russia (Sberbank): Largest Russian universal bank with CIS-wide digital and correspondent footprint. Comparable to Bereke as a counterparty in cross-border CIS transfers and as a benchmark for full-service retail/enterprise banking.
Emerging players
- Alif (formerly Tcell Mobile Money Tajikistan): Mobile-first digital bank in Central Asia. Comparable to Bereke on digital deposit gathering and multi-channel retail strategy, though smaller and earlier-stage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Customer concentration
Bereke Bank social profiles
Digital presenceBereke Bank compliance and trust
Trust signalCompliance9 records
Bereke Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bereke Bank leadership team
Management profileNumber of profiles
Bereke Bank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bereke Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bereke Bank
What does Bereke Bank do?
Bereke Bank is a Kazakhstan-licensed commercial bank that accepts deposits, originates consumer and business loans, issues debit and premium multi-currency cards, processes domestic and cross-border transfers (including SWIFT, CIS, Russia and China corridors), and provides corporate banking services (settlement accounts, acquiring, bank guarantees, factoring, letters of credit, salary projects) for individuals, individual entrepreneurs and legal entities. Its products are delivered through a national branch network, dedicated mobile applications, internet banking portals and an open API for businesses, supported by correspondent banking relationships across nine currencies.
Is Bereke Bank a public or private company?
Bereke Bank is a private company. It is classified as unknown and is currently operating.
When was Bereke Bank founded?
Bereke Bank was founded in 2006. It employs 5,001 to 10,000 people.
Where is Bereke Bank based?
Bereke Bank is headquartered in Almaty, Kazakhstan, in the Asia region.
How does Bereke Bank make money?
Three revenue lines are on record. Interest Income is the primary driver. The others are fee and Commission Income and securities and Investment Services.
Who are Bereke Bank's main competitors?
Direct peers on record are Halyk Bank, Jusan Bank, Kaspi.kz, Home Credit Kazakhstan, ForteBank, Bank CenterCredit and Eurasian Bank. TBC Bank Uzbekistan is listed as a regional player. Savings Bank of Russia (Sberbank) is listed as a broad incumbent. Alif (formerly Tcell Mobile Money Tajikistan) is listed as an emerging player.
Does Bereke Bank have an API?
Yes. Bereke Bank offers API access through its API Bereke Business portal for business banking services. The API enables developers to integrate business banking functionalities. Developer documentation is at berekebank.kz/kz/api_portal/api_business.