Jsc Halyk Reg S Regulatory News (HSBK)

25 Jul 2008 12:49



25 July 2008

Joint Stock Company 'Halyk Savings Bank of Kazakhstan'

Euromoney Awards 

Joint Stock Company 'Halyk Savings Bank of Kazakhstan' (Halyk Bank) (LSE: HSBK) is pleased to announce two corporate awards recently granted to Halyk Bank. Halyk has been recognised as the "Best Bank in Kazakhstan" and "Best Managed Bank in Emerging Europe" in a corporate survey conducted by Euromoney of analysts at leading banks and research institutes. 

The criteria for selecting the winners included the bank's position in the market, market share, innovative banking products, management system, professionalism of the staff, innovative character, balance sheet and shareholder equity.

Mr. Martin Born, Director for CEE, Russia and CIS, Euromoney highlighted that: "The jury was particularly impressed by Halyk's success in developing its retail business as well as its strong presence in the retail deposit market, growing sales and spectacular development in the regions".

The "Best Bank in Kazakhstan" was awarded to Mr. Grigory Marchenko, CEO of Halyk Bank, during the Euromoney Awards for Excellence 2008 which took place in Hong Kong on July 17, 2008. This award is recognition of Halyk Bank's commitment to developing as a leading financial services group and recent expansion of its international operations and credit exposure in the region.

- ENDS -

For further information please contact:

Zhanara Aikimbayeva janara@halykbank.kz +7 727 259 07 96

Assel Atinova asela@halykbank.kz  +7 727 259 04 30

Financial Dynamics

London:

Paul Marriott  paul.marriott@fd.com +44 (0)20 7269 7252

David Cranmer david.cranmer@fd.com +44 (0)20 7269 7217

Moscow:

Leonid Solovyev  leonid.solovyev@fd.com +7 495 795 06 23

Notes to Editors:

Halyk Bank is one of Kazakhstan's leading financial services groups and a leading retail bank with the largest customer base and distribution network among Kazakh banks. The Bank is developing as a universal financial group offering a broad range of services (banking, pensions, insurance, leasing, brokerage and asset management) to its retail, small and medium enterprise ("SME") and corporate customers. It is seeking further expansion of its international operations and credit exposure in the region.

As at 31 March 2008, Halyk Bank's branch network consisted of 707 outlets, comprising 22 regional branches, 125 district branches, 507 limited service branches, four VIP centres and 49 personal service centres.