Halyk Savings Bank of Kazakhstan says PricewaterhouseCoopers affirmed compliance of bank's internal audit with international standards and code of ethics

20.09.17 12:43
/KASE, September 20, 2017/ – Halyk Savings Bank of Kazakhstan (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote JSC Halyk Bank (the Bank) became the first bank in Kazakhstan to successfully confirm the compliance of internal audit activities with International Standards for the Professional Practice of Internal Auditing (the International Standards) and the Code of Ethics. Based on the results of the external evaluation conducted in July 2017, the consultants of PricewaterhouseCoopers concluded that the Bank's internal audit activities fully comply with International Standards and the Code of Ethics. The results of the external evaluation testify to the high efficiency of the Bank's internal audit system that contributes to the achievement of the strategic goals of the financial institution, using systematic and consistent approach to assessment and improvement of risk management, internal control and corporate governance systems efficiency. unquote The press release is available on KASE website – http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_200917_en.pdf [2017-09-20]