Global Finance acknowledged Subsidiary of Halyk Savings Bank of Kazakhstan Halyk Finance the Best Investment Bank in Kazakhstan 2011

24.02.11 14:58
/KASE, February 24, 11/ - Subsidiary of Halyk Savings Bank of Kazakhstan Halyk Finance (Almaty), securities of which are officially listed on Kazakhstan Stock Exchange (KASE), provided to KASE the following press release of February 24, 2011: quotation According to results of traditional annual research Halyk Finance is acknowledged the Best Investment Bank in Kazakhstan 2011 and entered the list of world best investment banks 2011, which shall be published in the Global Finance magazine April 2011 issue. When selecting the winners experts used a series of criteria. These include market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance and market reputation. "The investment banking industry has changed as a result of the financial crisis," - said the Global Finance publisher Joseph D. Giaraputto. "The best institutions that have a business model focused on customer needs." Previously in February 2011, EMEA Finance noted Halyk Finance in the nomination of Best Sovereign Wealth Fund Bond Deal in Europe, Middle East and Africa for financial counseling and underwriting on issue and placement of bonds of NWF Samruk-Kazyna to the amount of KZT75 billion in September 2010. "These awards prove that the company is acknowledged by the international financial community, trust of our clients and sustainable development of the investment banking in Kazakhstan, - said Halyk Finance management Board Chairman Erkebulan Tulibergenov. - We believe that continuous improvement of securities market shall have a positive impact on Kazakhstan issuers and shall facilitate further improvement of local companies provided financial services". Halyk Finance - the leading investment bank of Kazakhstan, providing a full range of investment and banking services, including financial counseling and underwriting (organization of issue and placement of corporate issuers securities), corporate financing services, including M&A services on buying and selling shares and corporate debt restructuring, and brokerage services and securities trading, market making on Kazakhstan Stock Exchange, investment portfolio management, regular analytical services. Halyk Bank of Kazakhstan is the leading bank of the country with the largest number of clients and affiliates network. The bank enters Halyk Group financial group that joins 13 subsidiaries of the company. The group companies provide a full range of services to the population (banking services, pension accumulation, insurance leasing, leasing, brokerage and dealer services, and assets management), small and medium size businesses and corporate clients. Also, Halyk Bank operates in Russia, Georgia and Kyrgyzstan. Halyk Bank of Kazakhstan has been assigned ratings of international rating agencies: Moody's Investors Service (Ba2), Fitch Ratings (B+) и Standard&Poor's (B+). Global Finance - the international financial edition that has over 50 thousand subscribers and over 180 thousand readers in 163 countries of the world. EMEA Finance - the international magazine that covers significant events and news in the area of corporate finances in Europe, Middle East and Africa. According to the magazine it awards for best corporate deals of these regions markets. Halyk Bank of Kazakhstan Press Service tel. +7 727 2 590 816, www.halykbank.kz ends [2011-02-24]