AO Sberbank Russia

AO Sberbank Russia offers general banking services in Kazakhstan. It accepts deposits from banks, legal entities, and individuals; conducts treasury operations; makes loans; transfers payments within Kazakhstan and internationally; exchanges currencies; and provides other banking services. The bank also performs broker and dealer activities. The bank was founded in 1993 as Texakabank Joint-Stock Company and changed its name to AO Sberbank Russia in January 2001. The bank is based in Almaty, Kazakhstan. As of July 21, 2006, AO Sberbank Russia operates as a subsidiary of Sberbank of Russia OJSC.