Digital Kazakhstan: Banking Operations in the Freedom Bank App Are Performed by AI

A notable innovation is the bank's investment currency — Freedom, accrued in ETN (Exchange Traded Notes). This cashback format gives clients shares of Freedom Holding Corp. stock, listed on NASDAQ, for each purchase. Clients thus become investors, benefiting from stock growth. Over the past year, more than 3 million clients participated, while FRHC shares rose 2.5 times — from $67 to $170. For instance, 20,000 ETN initially valued at $134 (1 ETN = $0.0067) now equal $340 (1 ETN = $0.017). A...
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ALMATY, Kazakhstan, (informazione.news - comunicati stampa - servizi)

A notable innovation is the bank's investment currency — Freedom, accrued in ETN (Exchange Traded Notes). This cashback format gives clients shares of Freedom Holding Corp. stock, listed on NASDAQ, for each purchase. Clients thus become investors, benefiting from stock growth. Over the past year, more than 3 million clients participated, while FRHC shares rose 2.5 times — from $67 to $170. For instance, 20,000 ETN initially valued at $134 (1 ETN = $0.0067) now equal $340 (1 ETN = $0.017).

These tools help citizens shift from consumer-oriented behavior to saving and investing, promoting financial literacy.

Freedom Bank leads digital transformation in Central Asia, launching the region's first fully online digital mortgage, where all steps — from application to property registration — are handled remotely. In the first seven months, the bank captured 62% of the state mortgage program market. Digital car loans and online business loans followed, reducing processing time from 30 days to 1. Such achievements rely on Kazakhstan's GovTech sector, ranked 28th of 193 countries by the UN Global E-Government Development Index.

Digital Kazakhstan: Banking Operations in the Freedom Bank App Are Performed by AI

Beyond technology, the bank offers personalized products. SuperCard payment cards feature licensed designs from the DC Universe, Rick and Morty, Naruto, The Lord of the Rings, and Game of Thrones. Recently, Freedom Bank launched cards featuring singer Dimash Kudaibergen.

Photo: https://mma.prnewswire.com/media/2824636/Digital_Kazakhstan.jpg

Contact:
Rakhilya Mirzalimova 
Chief PR & Communications Advisor
rm@freedombank.kz
+7 701 768 0566

Cision View original content:https://www.prnewswire.co.uk/news-releases/digital-kazakhstan-banking-operations-in-the-freedom-bank-app-are-performed-by-ai-302624542.html

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