Halyk Bank ( kk, Қазақстан Халық Жинақ Банкі, ''Qazaqstan Halyq Jınaq Banki'') is a commercial savings
bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets.
Because ...
in
Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki ...
that also has branches in
Kyrgyzstan
Kyrgyzstan,, pronounced or the Kyrgyz Republic, is a landlocked country in Central Asia. Kyrgyzstan is bordered by Kazakhstan to the north, Uzbekistan to the west, Tajikistan to the south, and the People's Republic of China to the ea ...
,
Georgia
Georgia most commonly refers to:
* Georgia (country), a country in the Caucasus region of Eurasia
* Georgia (U.S. state), a state in the Southeast United States
Georgia may also refer to:
Places
Historical states and entities
* Related to the ...
,
Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eig ...
,
Tajikistan
Tajikistan (, ; tg, Тоҷикистон, Tojikiston; russian: Таджикистан, Tadzhikistan), officially the Republic of Tajikistan ( tg, Ҷумҳурии Тоҷикистон, Jumhurii Tojikiston), is a landlocked country in Centr ...
and
Uzbekistan
Uzbekistan (, ; uz, Ozbekiston, italic=yes / , ; russian: Узбекистан), officially the Republic of Uzbekistan ( uz, Ozbekiston Respublikasi, italic=yes / ; russian: Республика Узбекистан), is a doubly landlocked co ...
. Its full Kazakh name translates into English as "Peoples' Savings Bank of Kazakhstan Joint-Stock Company". In Russian-language sources, the bank is often referred to as ''Narodny sberegatelny bank Kazakhstana'' (), the Russian equivalent of the name. The bank is the legal successor of the Soviet-era Sberbank in Kazakhstan, analogous to
Sberbank
PJSC Sberbank (russian: Сбербанк, initially a contraction of russian: сберегательный банк, translit=sberegatelnyy bank, lit=savings bank, link=no) is a Russian majority state-owned banking and financial services compa ...
in
Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eig ...
. Halyk Bank is headquartered in the city of
Almaty, which was the country's capital until 1997.
Halyk Bank merged with
Kazkommertsbank on 27 July 2018. Halyk is Kazakhstan's largest bank with a 35% market share.
Due to
protests in January 2022 in Kazakhstan, the share of Halyk bank traded at London stock exchange fell 16%.
Overview
On May 21, 2019, Halyk Bank rose to 1522 place from 1595 last year in the annual rating of the largest and most influential public companies in the world Global 2000, continuing to be the only representative from Kazakhstan.
On June 20, 2019, according to the results of the annual selection of the "Europe Banking Awards 2018" of the well-known international analytical magazine "EMEA Finance", Halyk Bank was awarded the title of "The Best Bank in Kazakhstan".
In 2019, Halyk Bank opened a 100% owned subsidiary in Uzbekistan, Tenge Bank.
Owners
As of January 1, 2020, the major shareholder of Halyk Bank of Kazakhstan JSC is ALMEX Holding Group JSC with a share of 64.5% of the total number of offered (excluding repurchased) shares of the Halyk Bank. JSC ALMEX Holding Group is controlled on a parity basis by
Timur Kulibayev and his wife
Dinara Kulibayeva, son-in-law and daughter of former President of Kazakhstan
Nursultan Nazarbayev
Nursultan Abishuly Nazarbayev ( kk, Нұрсұлтан Әбішұлы Назарбаев, Nūrsūltan Äbişūlı Nazarbaev, ; born 6 July 1940) is a Kazakh politician and military officer who served as the first President of Kazakhstan, in off ...
.
Management
The chairman of the bank's board since 2009 has been
Umut Shayakhmetova,
the chairman of the board of directors is
Aleksandr Pavlov.
See also
*
Banks of Kazakhstan
References
External links
Official site
Banks of Kazakhstan
Banks established in 1923
Companies listed on the Kazakhstan Stock Exchange
Kazakhstani brands
Banks of the Soviet Union
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