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. It accepts deposits and offers loans, such as cash, secured, business, and car loans, as well as mortgage with collateral; and provides settlement and cash services, guaranty and exchange transactions, and other transactions with corporate, small and medium business, and retail clients, such as large and legal entities, individuals, and individual entrepreneurs. The company also engages in the securities transactions, derivative financial instruments, and foreign currency transactions activities. In addition, it offers internet banking, bank guarantees, and cards, as well as software development, leasing, brokerage and dealer, and investment portfolio 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 Financials sector companies | Relationship RelationshipASBNPeersSector | |
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P/E Ratio | 3.5x | 9.9x | 8.7x | |
PEG Ratio | 0.16 | 0.10 | 0.03 | |
Price / Book | 1.1x | 0.7x | 1.0x | |
Price / LTM Sales | 2.0x | 2.5x | 2.7x | |
Upside (Analyst Target) | - | 9.3% | 11.6% | |
Fair Value Upside | Unlock | 3.1% | 2.9% | Unlock |