Halyk Bank

Halyk Bank (Kazakh: Қазақстан Халық Жинақ Банкі, Qazaqstan Halyq Jınaq Banki) is a commercial savings bank in Kazakhstan that also has branches in Kyrgyzstan, Georgia, Russia, Tajikistan and Uzbekistan.[3] Its full Kazakh name translates into English as "National Savings Bank of Kazakhstan Joint-Stock Company". In Russian-language sources, the bank is often referred to as Narodny sberegatelny bank Kazakhstana (Народный сберегательный банк Казахстана), the Russian equivalent of the name. The bank is the legal successor of the Soviet-era Sberbank in Kazakhstan, analogous to Sberbank in Russia. Halyk Bank is headquartered in the city of Almaty, which was the country's capital until 1997.

Halyk Bank

Type	Joint Stock Company
Traded as	KASE: HSBK LSE: HSBK
Industry	Banking, Financial services
Founded	1923[1]
Headquarters	Almaty , Kazakhstan
Area served	Kazakhstan, Kyrgyzstan, Georgia, Russia, Tajikistan, Uzbekistan
Key people	Alexander Pavlov (Chairman) Umut Shayakhmetova (Chairperson of the Management Board)
Revenue	316.3 billion tenge (2018)[2]
Net income	253.4 billion tenge (2018)[2]
Total assets	8,959 billion tenge (2018)[2]
Total equity	1,065.6 billion tenge (2018)[2]
Number of employees	16,131 (2018)[2]
Subsidiaries	Halyk Bank Kyrgyzstan Halyk Bank Georgia Moskommertsbank Kazkommertsbank Tajikistan Tenge Bank
Website	halykbank.kz

Halyk Bank merged with Kazkommertsbank on 27 July 2018.[4] Halyk is Kazakhstan's largest bank with a 35% market share.[5]

See also

• Banks of Kazakhstan

References

1. "HALYK BANK: THE PEOPLE'S BANK OF CHOICE". International Banker. Retrieved 30 December 2019.
2. "Annual Report 2018" (PDF). Halyk Bank. Retrieved 30 December 2019.
3. "Kazakh banks to enter Uzbek market". The Astana Times. 15 July 2018. Retrieved 30 December 2019.
4. "Merger of Kazkommertsbank, Halyk Bank complete". The Astana Times. Retrieved 30 December 2019.
5. "Banks in Kazakhstan Give Mergers a Go, Again". The Diplomat. Retrieved 30 December 2019.

External links

• Official site