JSC Halyk Bank (HSBK)
JointStockCompanyHalykSavingsBankofKazakhstan(JSCHalykBank)reportsonthe completionofthevoluntary reorganization throughtheJoint-StockCompanyKazkommertsbank'smergerintoJSC HalykBank.
JointStockCompanyKazkommertsbankisremovedfromtheNationalRegisterofBusiness IdentificationNumbersandceasestoexist,accordingtotheOrderoftheMinistryofJusticeofthe Republicof KazakhstanNo. 1303-? dated22 April2019.
JSC Halyk Bank is a successor of all rights and obligations of Joint Stock CompanyKazkommertsbank.
JSCHalykBankisaleadingfinancialgroupofKazakhstanoperatinginvarioussegments, includingtheprovision ofbankingservicestoretail,smallandmediumandcorporateclients, insurance,leasing,brokerageandassetmanagementservices.SecuritiesofJSCHalykBankhave been listed on the Kazakhstan Stock Exchange since 1998 and on the London Stock Exchange since 2006. JSC Halyk Bank has the highest ratings awarded by international agencies to Kazakhstan banks: (Moody's - Ba1 / Fitch - BB / S&P - BB). In July 2017, JSC Halyk Bank acquiredacontrollingstakein JointStockCompanyKazkommertsbank,thesecondlargestbank in Kazakhstan, and fully consolidated its assets in July 2018.
Withtheassetsworth8.9trilliontenge,asof 31December2018,JSCHalykBankisthelargest credit institution in Kazakhstan and Central Asia, with the most extensive customer base and branch network - 647 branches and outlets across the country, and it has subsidiary banks in Georgia, Kyrgyzstan, Russia and Tajikistan. This year, JSC Halyk Bank plans to open a subsidiary bank in Uzbekistan. More detailed information about JSC Halyk Bank is available on the corporate website at: .
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