Kazakhstan’s Halyk Bank Raises 2017 Profit Guidance

Kazakhstan's Halyk Bank Raises 2017 Profit Guidance

ALMATY, Aug 22 (Reuters) – Kazakhstan’s biggest lender, Halyk Bank,, has raised its 2017 consolidated net income guidance to “over 150 billion tenge ($451 million)” from 140 billion tenge, it said in an investor presentation on Tuesday.

The forecast excludes the results of Kazkommertsbank which Halyk Bank took over last month, it said.

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