Kazakhstan's stock exchange (KASE) temporarily removed businessman and millionaire Vladislav Li from its list of major shareholders of Bank CenterCredit (BCC) for the third quarter of 2026. As it later turned out, the omission was caused by a technical error, according to infohub.kz.

Industry Telegram channels noted that, according to the exchange's updated data, the only major shareholder of BCC was Bakhytbek Baiseitov, with a 51.76% stake. Vladislav Li was absent from the list. Baiseitov's own stake also shrank — this time because 20,278 preferred shares temporarily disappeared.

For reference, at the end of the second quarter Li held 11.92% of BCC's ordinary shares. Under KASE disclosure rules, removal from the exchange's published shareholder list could have meant the businessman had sold a stake ranging from 1.92% plus one share to his entire 11.92% holding.

Some time later, KASE restored Vladislav Li as a shareholder of the bank with the same stake he held at the end of the second quarter of 2026. Baiseitov's preferred share count also returned to its previous level. In light of this, Kursiv sought comment from BCC itself. It is unknown how long the erroneous shareholder list remained publicly available.

The bank's press service told the publication that a technical error had occurred on the KASE website and was corrected shortly afterward. It added that a similar situation had already happened several months earlier and also concerned Li's stake.

Bakhytbek Baiseitov is a Kazakh entrepreneur ranked 13th on Forbes' list of the 75 richest businessmen in Kazakhstan, with a fortune of $858 million.

His main assets are concentrated in the banking sector and investments: the businessman owns 51.76% of BCC's voting shares and of investment company BCC Invest, as well as 100% of Orient Invest Group and Green Invest Group.

Vladislav Li is a Kazakh entrepreneur ranked 52nd on the list, with a fortune of $197 million. The businessman is Baiseitov's partner.

BCC is one of Kazakhstan's largest banks. According to current National Bank data, it ranks third out of 23 on the local market by assets, with 8.95 trillion tenge. It also ranks third by net profit in 2026. In the first eight months of this year, it earned 142.5 billion tenge.

Kursiv previously reported that BCC invested almost 27 billion tenge in three subsidiaries.