Halyk Finance Wins Best Investment Bank Of Kazakhstan Award For 7 Th Consecutive Year

Halyk Finance Wins Best Investment Bank Of Kazakhstan Award For 7 Th Consecutive Year According To Magazine Emea Finance

Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance (Almaty, Halyk Finance in the headline), member of Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release:

Upon its annual rigorous selection of the world’s leading investment banks –
“Europe Banking Awards 2016” – EMEA Finance (www.emeafinance.com), a
renowned international financial magazine, has named Halyk Finance “The Best
Investment Bank in Kazakhstan 2016”.

For the 7th consecutive year, Halyk Finance has become the winner of this highly
prestigious award where voting is made by the leading industry experts from all
over the world, which cements Halyk Finance’s sustained leading position in
Kazakhstan’s highly competitive investment banking market.

Earlier this year, Halyk Finance has won the “EMEA Finance Achievement
Awards” for the record 7th consecutive year as well in the following two
prestigious nominations:

– “The Best Sub-Sovereign Bond in EMEA” for JSC National Company
Kazakhstan Temir Zholy’s KZT 50 billion 10-year bond issuance in April
2016 in which Halyk Finance has acted as the Sole Lead Manager and
Bookrunner; and

– “The Best Local Currency Bond in EMEA” for JSC KazAgroFinance’s
KZT 8 billion 5-year bond in November 2016 in which Halyk Finance has
acted as the Sole Lead Manager and Bookrunner.

In March 2017, based on the results of an independent survey of the CIS
financial market experts and Cbonds’ senior editorial board, Halyk Finance had
also won “The Best Investment Bank in Kazakhstan 2017” award from Cbonds
Information Agency (St. Petersburg, Russia).

Mr. Arnat Abzhanov, the CEO of Halyk Finance, has stated:

“This truly deserved recognition by independent international financial industry
experts of our team’s rigorous work with utmost focus on every client every
single day is very important to us. Acknowledgement of Halyk Finance as the
best investment bank in Kazakhstan for the record 7th consecutive year is an
extraordinary achievement not only in Kazakhstan with its very competitive
investment banking industry, but in our entire Central Asian region as well.

In 2016, we have convincingly outperformed our competitors in key profitability
metrics, namely – Halyk Finance’s net income of KZT 3.8 bn last year was much
bigger than that of our nearest competitor, and our 2016 net income achievement
has shattered Halyk Finance’s previous historic record-high net income of KZT
3.3 bn recorded back in 2015. Even despite the significant size of our
shareholders’ equity, our return on average equity (RoAE) in 2016 stands at very
impressive 24%. During 2016, Halyk Finance’s total assets under management
grew by healthy 12% to almost KZT 100 bn.

In addition to setting Halyk Finance’s all-time high net income record, we have
launched a new product in 2016 – an open-ended mutual ‘Halyk – Hard Currency’
investment fund. Despite being only one year old, our fund has already become
the largest mutual fund in Kazakhstan with assets of $6 million and it is the
only mutual fund in Kazakhstan which is denominated in US dollars.

Last but not least, Halyk Finance remains the 1st and only investment bank in
Kazakhstan which has received (in July 2014) and constantly keeps maintaining
a robust international credit rating – ‘BB/Stable’ from Fitch Ratings.”

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