Halyk Finance is one of the best investment banks in the world

28.02.20 11:54
/KASE, February 28, 2020/ – Subsidiary organization of Halyk Bank of Kazakhstan Halyk Finance (Almaty, in the heading – Halyk Finance), a member of Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated February 28, 2020: quote Upon its annual thorough selection of the world's leading investment banks a renowned international magazine "Global Finance" (www.gfmag.com) has named Halyk Finance the winner in two prestigious nominations under the "Best Investment Banks in the World 2020 Awards". Based on the 2019 results, Halyk Finance was recognized as the "Best Investment Bank in Frontier Markets" and the "Best Equity Bank in Central and Eastern Europe". Candidates from all over the world were evaluated by independent experts according to criteria such as market share, quality of services provided, number and volume of transactions, developed sales channels, innovation, pricing efficiency and reputation. "Assessment by independent international experts is very important for us and it confirms that we have selected the right development strategy. Recognition at the international level ("Best Investment Bank in Frontier Markets") testifies to the strengthening of Halyk Finance's leadership in the competitive investment banking market and is an extraordinary achievement for the entire industry in Kazakhstan," said Mr. Talgat Ayupov, Halyk Finance's CEO. This is not the first time Halyk Finance becomes the winner of Global Finance awards. Last year, Halyk Finance was named the "Best Investment Bank in Kazakhstan" and the "Best Equity Bank in Central and Eastern Europe". In addition, Halyk Finance is the first-ever investment bank in Kazakhstan that has been assigned a credit rating from a leading international rating agency. In December 2019, the international rating agency Fitch Ratings upgraded Halyk Finance's rating from "BB" to "BB+" with a Positive outlook, which indicates the impeccable quality of the services provided. JSC Halyk Finance – the leading investment bank in Kazakhstan rendering a full range of investment banking services including consulting and underwriting, corporate finance, sales and trading with market making on the KASE and AIX, investment portfolio management and research. Halyk Finance is the first broker-dealer in Kazakhstan to receive an international credit rating ("BB+" from the international rating agency "Fitch Ratings"). JSC Halyk Bank of Kazakhstan – Kazakhstan's leading financial services group and a leading retail bank with the largest customer base and distribution network among banks in Kazakhstan. The Bank is developing as a universal financial group offering a broad range of services (banking, insurance, leasing, brokerage and asset management) to its retail, small and medium enterprises and corporate customers. Halyk Bank also operates in Russia, Georgia, Kyrgyzstan, Tajikistan and Uzbekistan. Bank Ratings: Moody's - "Ba1", Fitch Ratings "BB+" and Standard & Poor's - "BB". Global Finance – is an international business magazine with a circulation of 50,050 and readers in 189 countries. Press-center JSC Halyk Bank of Kazakhstan www.halykbank.kz tel. +7 (727) 259 08 91 Oleg Khvan Head of Consulting & Underwriting JSC "Halyk Finance" tel. +7 727 357 31 77 www.halykfinance.kz unquote [2020-02-28]