Members of the executive body of JSC "Otbasy Bank" received total remuneration of 437,717,596 tenge for 2025. The calculation took into account the actual period of service of each executive within the executive body.
WHAT AMOUNT THE BANK DISCLOSED
JSC "Otbasy Bank" reported that from 1 January to 31 December 2025, the total remuneration of the members of the executive body for their period of service amounted to 437,717,596 tenge.
The document also states that this refers specifically to the total remuneration of the members of the executive body. Individual payments to each executive are not disclosed separately.
HOW MANY EXECUTIVES RECEIVED PAYMENTS
The document does not specify how many individuals were included in the calculation of the total amount.
However, the bank's management board lists seven members.
HOW THE WORK OF MANAGEMENT BOARD MEMBERS WAS ASSESSED
Annual remuneration is linked to the results of achieving strategic key performance indicators and the assessment of work performance.
The procedure includes the selection and approval of key performance indicators, the calculation of actual results, and the decision by the Board of Directors on whether to pay or withhold remuneration based on the reporting year's outcomes.
Representatives of JSC "National Managing Holding "Baiterek", who sit on the board of directors of Otbasy Bank, do not receive remuneration or bonuses.
CONTEXT
Earlier, violations with signs of corruption were identified among employees at Otbasy Bank. According to the bank, this included illegal remuneration for moving clients up the housing queue and the production of forged income documents. Pre-trial investigations are being conducted by law enforcement agencies into the identified incidents.
