KAZAKHSTAN IS GOING TO TRANSFER THE STATE POST INTO THE STATE JOINT-STOCK COMPANY AND TO TRANSFER THE STATE BLOCK OF SECURITIES TO THE HALYK BANK MANAGEMENT

/REUTERS, Almaty office, Dec. 20, 99/ - The Government of Kazakhstan is going to transfer the State Post into the 100% state joint-stock company and TO transfer the State Block of Securities to the HALYK BANK (Servings Bank of Kazakhstan) management, - has informed REUTERS a high rank officer in the government of Kazakhstan. "The republican state enterprise KAZPOCHTA, under the scheme, which was ratified by the government, will be transferred into the JOINT-STOCK COMPANY. All of 100 percents of the shares will be handed in the HALYK to bank management", - the officer has informed. - "The Decree has been signed today". As the officers in the government inform, the details will become known later. KAZPOCHTA is one from the largest state communication enterprises. A half-year ago KAZPOCHTA has become the participant of the financial market, when the National Bank has granted to it the license for some kind of banking operations, including reception of the population deposits. In the Soviet time KAZPOCHTA has been attended to delivery of pensions and social allowances, and it is going to return this right participating in the tender, which is conducted now by the Ministry of Finance. Among the other plans - creation of a post-savings system and issue of mail plastic cards for the payments implementation. Halyk Savings Bank of Kazakhstan is one from the largest banks of the country, it possesses the broadest branch network all over the country.