Halyk Savings Bank of Kazakhstan says agency Fitch Ratings affirmed long-term default ratings of bank and Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" at level "BB"; outlook "Stable"

/KASE, January 23, 15/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote On January 21, 2015 international rating agency Fitch Ratings (hereinafter – "Fitch") announced affirmation of the long-term issuer rating in foreign and local currency (hereinafter – IDR) of Halyk Savings Bank of Kazakhstan JSC (hereinafter – the "Bank" or "Halyk Bank") and its subsidiary organization "Halyk Finance" JSC (hereinafter – Halyk Finance) at level "BB"; outlook on ratings – "Stable". According to Fitch, affirmed ratings reflect very insignificant changes in own creditworthiness of the Bank. In its report "Fitch" points out the wide branch network of the Bank, high level of capitalization and profitability, as well as an adequate rate of liquidity. According to Fitch, the stable outlook reflects the substantial rate of the Bank's resilience to risks, emerging on the back of the worsening operation environment following falling oil prices and further possible tenge devaluation. The Bank's ratings are one of the highest among Kazakhstan's banks and confirm Halyk Bank's leading position on the market. Halyk Finance's rating is based on Fitch's opinion that Halyk Finance is one of key subsidiary structures of the Bank, and as a consequence, will enjoy its support, when needed. Press-service Halyk Savings Bank of Kazakhstan tel. +7 727 2 590 816, www.halykbank.kz unquote [2015-01-23]