Zurich-based financial services company Credit Suisse has opened an office in Almaty, Kazakhstan, as part of its growth strategy.
The new unit will allow Credit Suisse to deliver the services of the integrated bank to its clients in Kazakhstan, one of central Asia's most dynamic markets. In addition, the establishment further solidifies the bank's presence in the country and reflects its commitment to the region.
Fawzi Kyriakos-Saad, CEO of emerging markets for the EMEA region at Credit Suisse, said: "Credit Suisse is pleased to be opening an office in Almaty, which reflects our commitment to our clients in Kazakhstan. We are excited about the growth opportunities and investment potential offered by the country and the office in Almaty will allow us to continue to drive our growth in the region."
Credit Suisse has been at the forefront of the development of the Kazakh capital markets, leading benchmark initial public offerings for Kazakhmys, KazMunaiGaz and Halyk Bank.
Source: Banking Business Review Date: 14.06.2007 [ID: 39]