Almaty. January 19. KazTAG - According to the results of the annual selection in the Bestbank AWARDS FORKAZAKHSTAN category, experts of the international financial edition Asiamoney recognized Halykbank (JSC "People's Bank of Kazakhstan") the winner in the nomination "The Best Corporate and Investment Bank of Kazakhstan" (Bestcorporateand Investment Bank - Kazakhstan 2020).
"Despite the difficult year, Asiamoney was impressed as far as quickly Asian banks were able to overcome the crisis COVID-19. Our editorial group has carefully studied each market, having communicated almost with all leading financial institutions working in the region in 2020, "said ASIAMONEY executive editor Alex Pang.
According to the publication, Halykbank develops its business in several spheres, from retail banking services and small and medium-sized businesses before insurance and assets management, is a recognized leader in various sectors of the country's financial market. This is not only the largest bank of Central Asia in terms of assets, it is also a leader in deposits, pure loans and net profit. The bank exceeds its competitors in investment and corporate business.
In addition, contrary to the impact of the COVID-19 crisis on the growth of production and industry and the deterrent effect on corporate borrowing to new projects, the bank's curl of corporate clients has grown to T2.64 trillion ($ 6.1 billion) by October 1, 2020 with T2.36 TRILN a year earlier. At the same time, the Corporate Client Base of the Bank covers companies working in the service sector, trade, oil and gas, as well as telecommunications, and includes large corporations, national and international companies.
"The financial year Halykbank has supported its corporate clients for the International and Domestic Capital Markets of Capital, and has increased its loan portfolio in key sectors of the economy. Under the COVID-19 pandemic, the Bank continued to actively develop business, proposing to its customers and partners, comfortable digital online services, products and services. This is a positive trend, taking into account that corporate banking business is considered a barometer of the health of the financial system in Kazakhstan, "the Chairman of the Board of Halykbank was commented by Shayakhmetov.
The publication experts also noted that under the leadership of the bank, the Investment Banking Unit Halykbank - JSC "Halykfinance" also took the leading position on the market among Kazakhstani investment banks, despite the transfer to a number of transactions in Kazakhstan and international capital markets due to the COVID-19 pandemic .
So, in 2020 ,Halykfinance acted as a joint organizer on such sign transactions as the release of Eurobonds Bank Development Bank JSC, denominated in Tenge and the release of Eurobonds NK KazMunayGas JSC, which were posted on a record low rate of profitability for KMG within A comprehensive commitment to manage obligations. In addition, in June 2020, Halykfinance acted as a joint coordinator and joint betrovers of the proposal of shares and global depositary receipts of NAC Kazatomprom JSC at the AstanainternationalElexchange site. This transaction of JSC "Samruk-Kazyna FNB" completed the sale of a 25% stake in Kazatomprom JSC, conducted under the privatization program in three stages since 2018.
The ASIAMONEY award decision was made by authoritative financial analysts headed by the editor of Asiamoney, on the basis of a deep analysis of the activities of financial organizations and materials of research of local capital markets.
***
Asiamoney Business Financial Edition, founded in 1989 and included in the EuromoneyInstitutionalInvestor PLC group. The magazine publishes trends and analyzes of the financial industry of Asia. ASIAMONEY Publications are widely published and attract special attention of investment circles and managers of well-known financial institutions not only in the region, but also the whole world. The editorship of the magazine is based in Hong Kong.
Halykbank (People's Bank of Kazakhstan) is a leading financial group in Kazakhstan, operating in various segments, including retail, SMEs and corporate banking services, insurance, leasing, brokerage services and asset management. The bank has a listing on the Kazakhstan Stock Exchange since 1998, on the London Stock Exchange since 2006 and at AstanaInternationalExchange since October 2019. Having assets in the amount of T9.999.1 billion to September 3020, the Bank is a leading credit institution in Kazakhstan. The bank has the largest customer database and the branch network - 613 branches and departments in the country. The bank also operates in Georgia, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.