About the Group
United Group Alatau brings together
companies operating in the banking,
investment and insurance sectors.
About us
What the Group does
United Group Alatau brings together companies operating in the banking, investment and insurance sectors. This website provides information about the Group, its companies and its areas of activity. Cooperation proposals and other enquiries can be sent through the contact form.
The Company was formerly named First Heartland Securities JSC.
Structure
Companies of the Group
The Company directly and indirectly owns 11 subsidiaries, seven of which are participants of the United Group Alatau banking conglomerate.
The remaining subsidiaries are not participants of the banking conglomerate.
| Company | Sector | Status |
|---|---|---|
| 01Alatau City Bank JSC | Banking | Conglomerate participant |
| 02Alatau City Invest JSC | Investment | Conglomerate participant |
| 03Insurance Company Alatau City Garant JSC | Insurance | Conglomerate participant |
| 04Optima Bank OJSC (Kyrgyzstan) | Banking | Conglomerate participant |
| 05First Heartland Capital JSC | Investment | Conglomerate participant |
| 06ACB Development LLP | To be confirmed | Conglomerate participant |
| 07Jusan Inkassatsiya LLP | To be confirmed | Conglomerate participant |
Role in the conglomerate
Parent organization
As the parent organization of the banking conglomerate, the Company manages the conglomerate’s capital adequacy on a consolidated basis and ensures compliance with prudential requirements established by the National Bank of Kazakhstan for banking conglomerates: total capital adequacy to risk-weighted assets and contingent obligations, maximum exposure to a single borrower relative to total capital for related parties, third parties, and unsecured loans.
Status
Approvals and licence
The Company is a banking holding that received regulatory approval by Resolution No. 218 of the Management Board of the National Bank of the Republic of Kazakhstan dated 15 November 2017 for the acquisition of First Heartland Bank JSC (formerly RBS/ABN AMRO (Kazakhstan)) and by Resolution No. 24 of the Management Board of the National Bank of the Republic of Kazakhstan dated 1 February 2019 for the acquisition of Alatau City Bank JSC (formerly Tsesnabank).
In accordance with the order of the Deputy Chairman of the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market dated 2 July 2026 No. B-128, the Company was issued a licence to carry out transfer agency activities in the securities market dated 3 July 2026 No. 3.1.5.6.