/KASE, December 26, 2024/ – Freedom Bank Kazakhstan JSC (KASE ticker – FFBN) reported the following:

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On December 23, 2024, Freedom Bank Kazakhstan JSC (hereinafter – the Bank) was recapitalized by 20 billion tenge by the parent company Freedom Finance JSC. This measure will allow scaling digital products and developing the infrastructure of the Freedom ecosystem, the core of which is the Bank.

The bank issued 3,389,831 common shares. The shares were bought out at a price of 5,900 tenge per unit by the sole shareholder, Freedom Finance JSC.

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The full version of the press release is available at see more

[2024-12-26]