Halyk Savings Bank of Kazakhstan issued press release on signing of agreement with Subsidiary Bank of Sberbank of Russia

14.04.22 17:46
/KASE, April 14, 2022/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote On April 13, 2022, Halyk Bank and SB JSC Sberbank signed an agreement under which a part of the retail loan portfolio was purchased under a cession. The transaction affected auto loans issued under the program of concessional lending of the Development Bank of Kazakhstan, part of unsecured loans, loans for urgent needs and mortgage loans. The total principal amount of transferred loans is 330 billion tenge. The purchased portfolio does not include non- performing loans. unquote The complete press release is available on KASE website: - https://kase.kz/files/emitters/HSBK/hsbk_relizs_130422_1.pdf – in Russian; - https://kase.kz/files/emitters/HSBK/hsbk_relizs_130422_en.pdf – in English. [2022-04-14]