Under a 24 November 2025 order of its deputy chair, the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan issued KMF Bank JSC a licence extension covering factoring operations to acquire the right to demand payment for goods, works or services while assuming the risk of non-payment by the buyer.
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan 2025-11-27
Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan grants KMF Bank an expanded licence for non-recourse factoring
The Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan extended KMF Bank JSC's licence to include factoring operations. This extension allows the bank to acquire payment rights for goods, works, or services while assuming the risk of buyer non-payment.