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JSC HALYK BANK (FRA:H4L1) JSC Halyk Bank: Termination of JSC Kazkommertsbank's banking license due to its voluntary request

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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

 

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

 
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