A working meeting of Li Shuobing, President of FBA EAC, and Bakhytbek Bayseitov, Chairman of the Association's Business Council, was held in Almaty

A working meeting of Mr. Li Shuobing, President of FBA EAC, and Mr. Bakhytbek Bayseitov, Chairman of the FBA EAC Business Council, President of the Association of Banks of the Republic of Kazakhstan (ABRK), was held in Almaty on the 21^st of May.

During the talks, the parties summarized the results of the Eurasian Financial and Economic Forum, which was held from April 16 to April 19, 2025, in Shanghai with the participation of FBA EAC as one of the main organizers. The participants of the meeting noted the high level of the event, as well as its contribution to the development of business relations and strengthening of international cooperation.

‘The Forum in Shanghai is a significant milestone in strengthening interaction between the countries and expanding opportunities for sustainable business partnership,’ Mr. Li Shuobing stressed.

At the meeting, special attention was paid to the strategic issues of the FBA EAC development, including strengthening institutional links and improving communication between the participating countries.

A separate point of discussion was the First Central Asian Finance and Banking Forum “Banks and Fintech-2025” (CAFBF-2025), which is scheduled for June 12-14, 2025 in Kazakhstan. The Forum is organized by the ABRK together with the Associations of Banks of Uzbekistan, Kyrgyzstan and Tajikistan with the support of the Council of Banks Associations of the Turkic States (CBATS).

Bakhytbek Bayseitov said: ‘The Forum will be an important regional platform for discussing topical issues of the banking sector development, including digital transformation and mechanisms for deepening integration processes in Central and South-East Asia.’

At the end of the meeting, Mr. Li Shuobing personally congratulated Bakhytbek Bayseitov on his birthday, which he celebrated on the 14^th of May. Mr. Li highlighted Mr. Bakhytbek Bayseitov’s outstanding contribution to the development of the financial system of Kazakhstan and the region as a whole: ‘Mr. Bayseitov’s strategic thinking, leadership qualities and unwavering commitment make him one of the key architects of the banking industry's sustainability and growth.’