Freedom Holding Corp.: S&P Global Ratings Upgrades Outlook on Key Operating Subsidiaries to “Positive” on Strengthened Risk Management and Compliance

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Funding and Company Overview

  • Company: Freedom Holding Corp.
  • Location: Almaty, Kazakhstan
  • Reported Date: June 27, 2025
  • Industry: Finance

Credit Ratings

  • Rating Agency: S&P Global Ratings
  • Parent Company Rating: B- (Stable outlook)
  • Subsidiary Ratings: Affirmed at B+/B (Positive outlook)

Key Details

  • CEO: Timur Turlov
  • Core Operating Subsidiaries:
    • Freedom Finance JSC
    • Freedom Finance Europe Ltd.
    • Freedom Finance Global PLC
    • Freedom Bank Kazakhstan JSC

Growth and Strategy

  • Risk-Adjusted Capital (RAC) Ratio: Risen from 11.6% to ~13%
  • Client Base: Approximately 5 million customers (over 4.4 million financial clients)
  • Brokerage Sector Presence: Leading in Kazakhstan with 683,000 clients globally, including 151,000 active traders

Expansion Strategy

  • Market Presence: Offices in 22 countries, expanding in Europe (10 EU countries)
  • Digital Services: Operates via the Freedom SuperApp

Contact Information

  • Public Relations Contact: Natalia Kharlashina
  • Email: [Email available upon request]

This summary encapsulates the main points related to the funding structure, leadership, and recent developments concerning Freedom Holding Corp. If more details are required, please specify!

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2025-06-27 15:39:04