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In 2019, Jusan Bank (then Tsesna Bank) was pushed to insolvency — all due to precarious banking practices and a lack of regulatory supervision. But, through adopting the ecosystem business model, Jusan achieved $1.2bn in profits, acquired 1mn new customers and paved the way for an initial public offering in London. At the helm of this turnaround was Yerbol Orynbayev.
Guest: Yerbol Orynbayev, independent financial services consultant, former deputy prime minister of Kazakhstan and former chair of the board of directors of Jusan Bank and Heartland Securities.
The Banker has been a trusted source of global banking information since 1926, subscribe now to get expert news, opinion and insight into the banking industry.
Hosted on Acast. See acast.com/privacy for more information.
By The Banker5
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In 2019, Jusan Bank (then Tsesna Bank) was pushed to insolvency — all due to precarious banking practices and a lack of regulatory supervision. But, through adopting the ecosystem business model, Jusan achieved $1.2bn in profits, acquired 1mn new customers and paved the way for an initial public offering in London. At the helm of this turnaround was Yerbol Orynbayev.
Guest: Yerbol Orynbayev, independent financial services consultant, former deputy prime minister of Kazakhstan and former chair of the board of directors of Jusan Bank and Heartland Securities.
The Banker has been a trusted source of global banking information since 1926, subscribe now to get expert news, opinion and insight into the banking industry.
Hosted on Acast. See acast.com/privacy for more information.