Halyk Bank

Halyk Bank (Kazakh: Қазақстан Халық Жинақ Банкі, Qazaqstan Halyq Jınaq Banki) is a commercial savings bank in Kazakhstan that also has branches in Kyrgyzstan, Georgia, Russia, Tajikistan and Uzbekistan.[3] Its full Kazakh name translates into English as "National Savings Bank of Kazakhstan Joint-Stock Company". In Russian-language sources, the bank is often referred to as Narodny sberegatelny bank Kazakhstana (Народный сберегательный банк Казахстана), the Russian equivalent of the name. The bank is the legal successor of the Soviet-era Sberbank in Kazakhstan, analogous to Sberbank in Russia. Halyk Bank is headquartered in the city of Almaty, which was the country's capital until 1997.

Halyk Bank
Joint Stock Company
Traded asKASE: HSBK
LSE: HSBK
ISINKZ000A0LE0S4 
IndustryBanking, Financial services
Founded1923[1]
Headquarters
Almaty
,
Kazakhstan
Area served
Kazakhstan, Kyrgyzstan, Georgia, Russia, Tajikistan, Uzbekistan
Key people
Alexander Pavlov (Chairman)
Umut Shayakhmetova (Chairperson of the Management Board)
Revenue 316.3 billion tenge (2018)[2]
253.4 billion tenge (2018)[2]
Total assets 8,959 billion tenge (2018)[2]
Total equity 1,065.6 billion tenge (2018)[2]
Number of employees
16,131 (2018)[2]
SubsidiariesHalyk Bank Kyrgyzstan
Halyk Bank Georgia
Moskommertsbank
Kazkommertsbank Tajikistan
Tenge Bank
Websitehalykbank.kz

Halyk Bank merged with Kazkommertsbank on 27 July 2018.[4] Halyk is Kazakhstan's largest bank with a 35% market share.[5]

See also
  • Banks of Kazakhstan

References
  1. "HALYK BANK: THE PEOPLE'S BANK OF CHOICE". International Banker. Retrieved 30 December 2019.
  2. "Annual Report 2018" (PDF). Halyk Bank. Retrieved 30 December 2019.
  3. "Kazakh banks to enter Uzbek market". The Astana Times. 15 July 2018. Retrieved 30 December 2019.
  4. "Merger of Kazkommertsbank, Halyk Bank complete". The Astana Times. Retrieved 30 December 2019.
  5. "Banks in Kazakhstan Give Mergers a Go, Again". The Diplomat. Retrieved 30 December 2019.
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