Halyk Finance has been named The Best Investment Bank in underwriting of corporate bonds in Kazakhstan in 2012 by information agency Cbonds
January 22. KASE
Halyk Finance JSC, a subsidiary organization of joint-stock company “Halyk Bank of Kazakhstan” (Almaty, in the heading – Halyk Finance), a member of Kazakhstan Stock Exchange (KASE), today provided KASE with the following press-release:
Cbonds names JSC Halyk Finance “The Best Investment Bank” in underwriting corporate bonds in Kazakhstan in 2012
On January 4, 2012 Cbonds information agency published its ranking for investment banks underwriting corporate bonds in the Republic of Kazakhstan based on 2012 results. Cbonds ranking is based on the aggregate amount of Kazakhstan issuers’ corporate bonds placed by underwriters through specialized trades on the “Kazakhstan Stock Exchange” (“KASE”). JSC Halyk Finance has been ranked as the best investment bank with 4 bond issues placed for the aggregate nominal amount of KZT 24.3 bn (or 25.2% of the total volume of the bonds placed through specialized trades on the KASE) leaving its closest rivals far behind. The total volume of the bonds placed by 14 underwriters through specialized trades on the KASE in 2012 (33 successful auctions) is KZT 96.3 bn ($640 MM).
Thus, JSC Halyk Finance has once again proved its leading position in Kazakhstan’s investment banking market.