Halyk Savings Bank of Kazakhstan wins Best Bank in Kazakhstan award, Halyk Finance – Best Investment Bank in Kazakhstan award of EMEA Finance Magazine
April 17. KASE
Halyk Savings Bank of Kazakhstan (Almaty), securities of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of April 16, 2013:
Halyk Bank of Kazakhstan for a fifth consecutive year becomes the winner of Best Bank in Kazakhstan award, and its Subsidiary Halyk Finance – for a third consecutive year wins Best Investment Bank in Kazakhstan award in the Europe Banking Awards 2012 category of EMEA Finance International Magazine.
Based on annual review results EMEA Finance International Magazine defined the winners in the Europe Banking Awards 2012 category. Halyk Bank of Kazakhstan for a fifth consecutive year has won Best Bank in Kazakhstan award (Halyk Bank).
“In 2012, Kazakhstan continued confident growth and although the banking sector still combats the growth of with bad loans, our winner in the nomination Best Bank in Kazakhstan – Halyk Bank, has changed this trend. In 2012, Halyk Bank demonstrated extremely high growth rates, its net income increased by 77.1% (US $ 464 mln), loans, net and assets increased by 11.4% and 5.9%, accordingly. The Bank continues to be the market lead on the total volume of deposits, pension assets under management and its net income. The Bank has achieved the crediting result that exceeds the weighted average value of five leading banks in the country by 9.4%. Therefore, Halyk Bank again became the winner in this nomination”, – said Christopher Moore, Publisher and CEO of EMEA Finance Magazine.