Kazakhstan's Beeline Owners in Talks to Establish a Bank
The owners of Kazakhstan's telecom operator Beeline, the Veon group, are in technical consultations with the regulator regarding the creation of a bank in Kazakhstan. Veon intends to enter the Kazakh market with a digital bank by the end of 2027, aiming to compete with major financial groups. The company is discussing various forms of market representation with the regulator.
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