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JSC Halyk Bank (HSBK)
JSC Halyk Bank: Termination of JSC Kazkommertsbank's banking license due to
its voluntary request
12-Oct-2018 / 14:16 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
Termination of JSC Kazkommertsbank's banking license due to its voluntary
request
Joint Stock Company Halyk Savings Bank of Kazakhstan hereby informs that in
accordance with the order of the National Bank of Kazakhstan No.383 dated 28
September 2018, the License No.1.2.16/222/32 dated 2 December 2014 for
banking and other operations and activities on the securities market, issued
by National Bank of Kazakhstan to Joint Stock Company Kazkommertsbank was
terminated, due to the voluntary request of Joint Stock Company
Kazkommertsbank to National Bank of Kazakhstan.
About Halyk Bank
Halyk Bank is Kazakhstan's leading financial services group, operating
across a variety of segments, including retail, SME & corporate banking,
insurance, leasing, brokerage and asset management. Halyk Bank has been
listed on the Kazakhstan Stock Exchange since 1998 and on the London Stock
Exchange since 2006.
In July 2017, the Bank purchased majority stake in JSC Kazkommertsbank - the
second largest Bank in Kazakhstan by total assets.
With total assets of KZT 8,273.9 billion as at 30 June 2018, Halyk Bank is
Kazakhstan's leading lender. The Bank has the largest customer base and
broadest branch network in Kazakhstan, with 667 branches and outlets
(including 197 branches and outlets of Kazkommertsbank) across the country.
The Bank also operates in Georgia, Kyrgyzstan, Russia and Tajikistan.
For more information on Halyk Bank, please visit https://www.halykbank.kz
[1]
For further information, please contact:
Halyk Bank
Mira Kasenova +7 727 259 04 30
Karashash Karymsakova +7 727 330 01 92
ISIN: US46627J3023
Category Code: MSCM
TIDM: HSBK
Sequence No.: 6187
EQS News ID: 733077
End of Announcement EQS News Service
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(END) Dow Jones Newswires
October 12, 2018 08:17 ET (12:17 GMT)
