Kazakhstan’s Freedom Holding Corp explores expansion into Pakistan’s banking, fintech sectors

Prime Minister Shehbaz Sharif has invited Freedom Holding Corp to expand its operations in Pakistan as the government seeks greater foreign investment in digital finance, fintech and capital markets.

The invitation came during a meeting with the company’s Founder, Chairman and Chief Executive Officer Timur Turlov in Islamabad.

The meeting was attended by Federal Minister for IT Shaza Fatima Khawaja, Minister of State for Finance Bilal Azhar Kayani, Special Assistant to the Prime Minister Tariq Fatemi, Special Assistant to the Prime Minister on Industries and Production Haroon Akhtar Khan and Foreign Secretary Amna Baloch.

During the meeting, the prime minister welcomed Turlov and conveyed his best wishes for Kassym-Jomart Tokayev.

Shehbaz Sharif appreciated the company’s interest in expanding business operations in Pakistan through branch expansion, digital financial services and correspondent banking partnerships.

The prime minister said the government remained committed to economic reforms and investor-friendly policies aimed at supporting growth and digital transformation.

He highlighted Pakistan’s young population and expanding digital infrastructure and invited the company to participate in the development of Pakistan’s financial markets.

Both sides discussed possible cooperation in retail brokerage, Islamic banking solutions, fintech innovation and capital market development.

Turlov expressed confidence in Pakistan’s economic outlook and said Freedom Holding Corp was interested in exploring long-term strategic investments aligned with the country’s development priorities.