Halyk Savings Bank of Kazakhstan provides services on international money transfer through Western Union

09.02.10 11:33
/KASE, February 9, 10/ - Halyk Savings Bank of Kazakhstan (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, and WESTERN UNION disseminated the following joint press release of February 8, 2010: quotation starts One of the largest financial institutions of the Kazakhstan Halyk Savings Bank of Kazakhstan from February 8, 2010 started providing services on money transfer through the Western Union system Almaty, Kazakhstan, February 8, 2010. - One of the largest universal banks of the Republic of Kazakhstan Halyk Savings Bank of Kazakhstan started providing services on money transfer through the Western Union system via its affiliates. At the first phase of this service Western Union will provide 50 clearance units in 14 oblast and 8 regional affiliates of Halyk Savings Bank of Kazakhstan. The agreement on international money transfers was signed between Western Union and Halyk Savings Bank of Kazakhstan in 2009. According to joint plans services of Western Union in the future will become accessible in 595 divisions of the largest retail bank of Kazakhstan, located in 16 regions of the country. The agreement will ensure access of Halyk Bank clients to Western Union services in more than 410,000 services provision points of Western Union, covering 200 countries worldwide. Marat Satubaldin, Deputy Board Chairman of Halyk Bank of Kazakhstan: "Out bank thoroughly prepared to services provision, considering various technical solution. We involved the best specialists in the area of information technologies and finances. Today I am confident that money transfer through the Western Union system will be stable". Jalil Khaidarov, Regional Director of Western Union in Central Asia and Azerbaijan: "We are glad that now our services are provided in Halyk Bank of Kazakhstan divisions, where everyone can either send or receive the money transfer. The bank has regional network that allows Western Union money transfer services accessible for our clients in remote regions of Kazakhstan". About Western Union Company Western Union (NYSE: WU) - one of the leaders of the global payment services. Together with payment systems under trademarks Vigo, Orlandi Valuta and Pago Facil, Western Union proposes to consumers quick, reliable and convenient way to send and receive money worldwide, make payments and buy money orders. The global network of Western Union, Vigo and Orlandi Valuta makes up 410,000 clients servicing points in more than 200 countries worldwide. In 2008, Western Union processed 188 m transactions between individuals worldwide to the amount of USD74 bn; the company also made 412 m transfers between individuals and legal entities. In Kazakhstan services of Western Union are accessible from 1998.The Western Union network has over 2,000 points of servicing in the Republic of Kazakhstan, and in SIC countries over 35,000 servicing points. The additional information is available on the company official website: www.westernunion.com. Halyk Bank of Kazakhstan Halyk Bank of Kazakhstan - the largest universal commercial bank of the Republic of Kazakhstan, successfully working in favor of its clients for 87 years, one of the most reliable and diverse financial institutions of Kazakhstan. The bank has affiliates (over 600 divisions), serves about 6 million individuals, 73 thousand SMB subjects and over 1,700 corporate clinets. The bank issues VISA International, MasterCard International, China Union Pay cards and remains the leader on Kazakhstan payment cards market. The total number of issued cards exceeded 3 m units, and the bank stake in the aggregate indicators of the second tier banks made up over 50%. Media contacts: Ermek Koichebaev Press Service Tel: +7 (727) 2590816 Media conatcts: Akmal Saidov Barno Nazarzoda Maslov PR Tashkent Tel: +998 (71) 2355466 Akmal.Saidov@maslov-pr.com Barno.Nazarzoda@maslov-pr.com quotation ends [2010-02-09]