BNK Commercial Bank is a micro-finance institution that is developing dynamically. The company is part of the global financial network built by the South Korean BNK CAPITAL holding company in South-East Asia countries. The spectrum of financial services they offer includes car loans, consumer loans, equipment leasing and corporate finance.  

about the bank in numbers

  • 2018 the incorporation year
  • 3 offices: Almaty, Shymkent, Astana
  • 18,8 billion tenge – the loan portfolio size
implemented projects
What has been done
As part of BNK Finance’s transformation from an MFI into a second-tier bank, the Colvir core banking system and 52 functional modules were implemented. Historical MFI data relating to loans and users was migrated. The joint Colvir and customer team focused on standard functionality with minimal customization, allowing the project to be completed in 5.5 months.
What benefits have accrued to the customer
BNK received a technology foundation for commencing operations as a bank, digitalizing its lending processes, and automating regulatory reporting. Following the implementation, the bank gained automated repayment schedule import, digital customer onboarding when opening accounts, and automated report generation and submission. At the time of completion, the project was the fastest implementation of the Colvir core banking system.
“We believe that choosing Colvir made it possible to implement the banking system within such a short timeframe.”
BNK Commercial Bank, Kazakhstan
Clients news
Transformation of the MFI Sector: Why the Traditional IT Model Is Becoming Too Restrictive for the Industry
An article about the MFI sector has been published in the industry magazine Global CIO
30 July 2026 , 08:00 Kazakhstan
Colvir MFO Brunch 2025: Technologies and Practices for Microfinance Transformation
Colvir Software Solutions hosted an industry event for microfinance organizations
From MFI to Bank in Five Months: Rapid Implementation and Launch of the Colvir Core Banking System at BNK Commercial Bank
The end-to-end implementation of the Colvir core banking system was completed in record time, in parallel with the transformation of an MFI into a bank
Advantages Colvir Software Solutions
Reliability 100% successful Projects
Simplicity Product modules are independent of the kernel
Spot-on Relevance International practice focused on banking products and services
Great Potential We invest 100% of our earnings in further system development
Popularity Localized throughout CIS
User-Friendliness Flexible and customer-oriented
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