Kazakh microfinance association increases its authorised capital to 50 billion to become bank

12.02.2024

KMF Microfinance organisation (MFO), as part of its transformation into a bank, increased its authorised capital from 14.4 billion to 50 billion tenge. This is stated in a message on the Kazakhstan Stock Exchange (KASE).

The general meeting of KMF participants made appropriate changes to the charter on February 7, 2024....