Halyk Bank of Kazakhstan OJSC, APF of Halyk Bank of Kazakhstan CJSC and Kazakhinstrakh CJSC continue expanding in regions of Kazakhstan

/IRBIS, Apr 17, 02/ - On April 16 and 17, 2002 in Taraz and Shymkent the four sided Memorandum on cooperation was signed among the administrations of Jambyl and South Kazakhstan regions and Halyk Bank of Kazakhstan OJSC (Almaty, hereafter Halyk Bank), Accumulative Pension Fund of Halyk Bank of Kazakhstan CJSC (Almaty) and Kazakhinstrakh CJSC (Almaty), reads the press-release of Halyk Bank of Kazakhstan OJSC. The parties intend to undertake joint programs on financing mid- and small- sized business, long-term agricultural projects, energy and construction, construction and other sectors of these regions. Besides, Halyk Bank plans to continue the development of settlement services for budgetary organizations at special tariffs and optimize the utility bills system in these regions. It is also said that under these Memorandum APF of Halyk Bank of Kazakhstan CJSC will expand the development of free servicing of budgetary organizations in these regions. Kazakhinstrakh CJSC plans to expand the range of insurance services for budgetary organizations. Halyk Bank informs that it is the third working visit of the bank's chairman, Kairat Satylganov into the regions. Previous Memorandum were signed with the administrations of Atyrau, Kostanai, West Kazakhstan and Aktobe regions and Jezkazgan city. Apart from signing Memorandum with these administrations, the meetings will be held with partners and potential clients, entrepreneurs. [2002-04-17]