Halyk Finance announces successful completion by Eurasian Bank (Kazakhstan) of second and third transactions on assignment and servicing of part of standard consumer loans portfolio

/KASE, January 28, 14/ – Subsidiary organization of Halyk Bank of Kazakhstan "Halyk Finance" (Almaty, in the heading – Halyk Finance) has provided Kazakhstan Stock Exchange (KASE) with the following information message: quote Eurasian Bank has successfully closed the 2nd and the 3rd new retail loan assignment & servicing transactions. A portion of the Bank’s consumer loan portfolio of standard secured and unsecured consumer loans has been assigned to Kazakhstan banks under the terms similar to the transaction finalized in December 2013. These transactions have been closed in late December and early January. Additional orders have been placed for early February. The Bank’s management believes that the above transactions represent yet another manifestation of its professional approach to acquiring procedures and reliable risk management tools. Halyk Finance, a subsidiary of JSC Halyk Bank of Kazakhstan, is the Sole Financial Advisor of the Bank under assignment of a portion of its retail loan portfolio. unquote [2014-01-28]