Euromoney recognized Halyk Savings Bank of Kazakhstan “The Best Bank in Kazakhstan 2010”

August 4. KASE

Euromoney recognized Halyk Savings Bank of Kazakhstan "The Best Bank in Kazakhstan 2010"Halyk Savings Bank of Kazakhstan (Almaty), securities of which are listed in Kazakhstan Stock Exchange (KASE), informed KASE that in June 2010 International Financial Magazine Euromoney recognized Halyk Bank “The Best Bank in Kazakhstan”.

During the financial crisis Halyk Bank proved its stable position and achieved successful results in corporate, re-tail, card as well as small and medium size businesses. From the beginning of 2009 the bank increased assets by over than 30%, significantly increased its profit and improved many key indicators.

The sustainable financial position allowed the bank being the first among second-tier banks to repay government funds received in 2009 under Kazakhstan Government Stabilizing Programгоду. In June 18, 2010 the bank early repaid the deposit in the size of KZT60 bn allocated by National Welfare Fund Samruk-Kazyna for three years.

In 2010, Halyk Bank of Kazakhstan received awards of international financial magazines: in April 2010 from Global Finance and Emeafinance – “The Best Bank in Kazakhstan 2010”, and The Asian Banker – “The Best Retail Bank in Kazakhstan 2010”.

http://www.kase.kz/en

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