/KASE, July 23, 2025/ – Halyk Bank of Kazakhstan JSC (KASE ticker – HSBK) has announced the following:

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Almaty, Kazakhstan – 23 July 2025 – JSC Halyk Bank, Kazakhstan ("Halyk" or "the Bank"), is pleased to announce the signing of a strategic agreement with the shareholders of Click JSC, Uzbekistan ("Click"), to acquire 49% of shares in Click, and to sell 49% of shares in its wholly owned Uzbek subsidiary, Tenge Bank JSCB ("Tenge Bank"), to Click's shareholders.

Under the terms of the agreement, Halyk will pay 176.4 million US dollars for 49% of Click, while Click’s shareholders will pay 60.76 million US dollars for 49% of Tenge Bank. The structure of the deal creates opportunities for the two sides to work in close partnership while retaining their current legal structures.

The completion of both transactions is subject to regulatory approvals in Kazakhstan and Uzbekistan.

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Full version of the press release in Kazakh – see more

Full version of the press release in Russian – see more

Full version of the press release in English – see more

[2025-07-23]