At the beginning of this month, it was announced that the Russian "Raiffeisenbank" JSC has become the nominal holder of a 13.1% stake in the Kazakhstan Stock Exchange (KASE). In other words, it is now a shareholder of our stock exchange.
As of February 1, 2025, there are a total of 5 million shares issued on the Kazakhstan Stock Exchange (KASE), of which 1,075,231 shares have been placed. According to the trading platform's announcement, "Raiffeisenbank" holds 13.1% or 140.8 thousand shares in nominal ownership. When asked what connects "Raiffeisenbank," which owns 13.2% of our stock exchange, to Viktor Orban's son-in-law, KASE stated that this question should be directed to Raiffeisenbank.
Recently, information emerged suggesting that Viktor Orban's son-in-law might be monitoring the KASE nominal shareholder. The Austrian publication Der Standard reported, citing a confidential source, that Istvan Tiborcz, the son-in-law of Hungarian Prime Minister Viktor Orban, may be interested in acquiring the Russian subsidiary of Austrian Raiffeisen Bank International (RBI).
According to sources, Tiborcz is engaged in significant negotiations with RBI, which also involve representatives from the Central Bank of Russia and the Presidential Administration of Russia. Der Standard names another potential party to the deal as the Hungarian OTP Bank (the main structure of the Russian OTP Bank). The details of the negotiations remain unclear.
• The nominal holder of securities is a depository that accounts for the rights to securities belonging to other persons in its personal account, explained the press service of "Raiffeisenbank."
• The Moscow Exchange held such a package of shares until October 11, 2024. After exiting the shareholder composition, two Russian entities, "Tetis Capital" and "Balance Asset Management," managed to acquire "Nigella" (8.5% at KASE) and "Levko" (4.6%).