Halyk Savings Bank of Kazakhstan and Kazkommertsbank announces merging ATM networks as of July 10

/KASE, July 10, 2017/ – Halyk Savings Bank of Kazakhstan (Almaty), have provided KASE with the following press release of July 10: quote Halyk Savings Bank of Kazakhstan and Kazkommertsbank started to merge their ATM networks: as of July 10 additional cashing fees were cancelled for cardholders of both banks. From now on, for clients of Halyk and Qazkom it doesn't matter what ATM to use. As of June 1, 2017 Halyk Bank's network included 2,367 machines, with 559 of them with the cash-in function. Kazkommertsbank's network consisted of 2,292 machines, of which 465 have the cash-in function. Taking into account that Halyk Bank serves 6 mln cardholders, and Kazkommertsbank – more than 2 mln, most economically active residents of Kazakhstan will be able to avail of advantages of the merger of two bank networks. We'd like to point out that every second ATM in Kazakhstan belongs to Halyk+Qazkom. Despite the active development of money transfer market, ATMs are still very popular in Kazakhstan. According to official statistics*, only in April 2017 Kazakhstan's residents performed 17.6 mln such transactions worth KZT683.2 bn. Contacts: Larissa Kokovinets, Corporate communications service of Kazkommertsbank: tel. +7 (727) 2 585-456, 2 585-392, E-mail: pr@qazkom.kz Asel Tynyshbekova, PR-service of Halyk Bank of Kazakhstan: tel. +7 727 2 590 816, pr@halykbank.kz * data of National Bank of Kazakhstan, released on ranking.kz unquote [2017-07-10]