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]