/KASE, August 25, 14/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press-release of August 25, 2014:
quote
During the first half-year of 2014 Halyk Savings Bank of Kazakhstan JSC and its
subsidiaries (hereinafter – the Bank) achieved a record consolidated net income
indicator across the country's banking sector of KZT64bn, exceeding last
year's figure by 87.4%.
"Halyk Bank Group continues to demonstrate a positive dynamics of development,
in spite of the difficult situation on the financial markets. This is a record
result despite the shutdown of the subsidiary pension fund. We need to point out
events of the first half-year such as upgrading of the Bank ratings by rating
agencies Fitch Ratings in January to "BB" from "BB-" and Standard&Poor's in
July to "ВВ+" from "ВВ", announcement of purchase of Kazakhstan subsidiary of
the HSBC, signing of a Memorandum and beginning of cooperation on support of
SME with the National chamber of entrepreneurs, achievements in implementation
of government economic support programs. Joint efforts of the management, team,
partners, shareholders and investors allow the group to move forward
strengthening is leader position in Kazakhstan's financial market", – points
out CEO of Halyk Bank of Kazakhstan Umut Shayakhmetova.
unquote
The full press-release is available on KASE website at:
-
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_250814_kz.pdf – in Kazakh;
-
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_250814.pdf – in Russian.
[2014-08-25]