Halyk Savings Bank of Kazakhstan named Best CIS Bank according to BusinessNewEurope
10.11.10 17:17
/KASE, November 10, 10/ - Halyk Savings Bank of Kazakhstan (Almaty), whose
securities are officially listed on Kazakhstan Stock Exchange (KASE),
provided to KASE the following press-release of November 10, 2010:
quote
Business magazine "BusinessNewEurope" (BNE) has named Halyk Savings Bank of
Kazakhstan "the best financial institution in Commonwealth of Independent
States. An appropriate certificate was handed to U. Shayakhmetova, the CEO, by
the magazine's representative E. Arbuzova, Director Business Development, and
Clair Nattal, BNE's accredited Central Asia correspondent.
According to the renowned edition, the best CIS bank is Halyk Savings Bank of
Kazakhstan, "whose zealous conservatism brought generous dividends in crisis
times". Thanks to such strategy, Halyk Bank is one of the largest banks in
Kazakhstan with the lowest number of bad loans.
Published results of the first annual research among the best banks of "the new
Europe" (Central and Eastern Europe/CIS) are based on data from the second
half-year of 2009 - first half-year of 2010. The rating also took into account
merits of avowed market leaders as well as those of "emerging" credit
institutions, who look to challenge the well-known players.
In the current year this is already the fifth award received by Halyk Bank from
foreign financial editions: in June "Euromoney" assigned to the bank one of the
most prestigious - "The Best Bank in Kazakhstan 2010" - awards for the third
consecutive time, April saw the bank getting the "Best Bank in Kazakhstan 2010"
rank from two big international magazines - "Global Finance" and "Emeafinance",
and "The Asian Banker" named it "The best retail bank in Kazakhstan 2010".
Press service
Halyk Savings Bank of Kazakhstan
tel. +7 727 2 590 816, www.halykbank.kz
unquote
[2010-11-10]