Halyk Savings Bank of Kazakhstan JSC (37QB)

Overview

Halyk Bank of Kazakhstan Joint Stock Company, integral to the financial landscape of Central Asia, primarily serves a diverse clientele in the Republic of Kazakhstan, Kyrgyzstan, Georgia, and Uzbekistan. Spanning its influence through four distinct segments: Corporate Banking, SME Banking, Retail Banking, and Investment Banking, Halyk Bank has cemented its role as a comprehensive financial service provider. Initially known as Halyk Savings Bank of Kazakhstan Joint Stock Company, it underwent a name change to its current designation in June 2023, marking a significant milestone in its long-standing history since its inception in 1923. With its headquarters established in Almaty, the bank prides itself on a rich heritage and an unwavering commitment to excellence. Operating under the umbrella of JSC Holding Group ALMEX, it continues to be a pivotal entity in the region's banking sector.

Products and Services

• Banking Accounts: Offers current and correspondent accounts catering to the diverse needs of its clients, facilitating the efficient management of finances.
• Deposit Products: Provides a variety of deposit products designed to meet the savings needs of individuals and businesses, emphasizing flexibility and security.
• Investment Savings Products: Targets those looking to grow their wealth, offering investment opportunities that combine risk management with potential returns.
• Credit and Debit Cards: A comprehensive range of card products that offer convenience, security, and access to funds domestically and internationally.
• Loans: Includes consumer loans and mortgages to support personal and housing finance needs, structured with competitive interest rates.
• Custody and Foreign Currency Services: Provides specialized services for the safekeeping of securities and foreign currency transactions, catering to both corporate and individual clients.
• Overdrafts and Credit Facilities: Offers flexible overdraft options and other credit facilities to help manage cash flow and finance short-term needs efficiently.
• Trade Finance: Delivers solutions like letters of credit and various trade finance products to support the international trade endeavors of businesses.
• Foreign Exchange and Interbank Operations: Engages in the trading of currencies and offers solutions for interbank transactions, facilitating global banking requirements.
• Cash and Payment Processing Services: Provides comprehensive cash management and payment card processing solutions, enhancing the operational efficiency of businesses.
• Additional Banking Services: Includes a vast array of banking services such as transfers, documentary services, and more, designed to meet the comprehensive needs of its clientele.
• Leasing, Telecommunications, and Broker Services: Expands its offerings beyond traditional banking to include leasing, telecommunications, broker and dealer services, adding value through diversified financial solutions.
• Insurance Products: Offers motor and property, and life insurance products, providing peace of mind and financial protection to its clients.
• Online Banking: Facilitates easy access to banking services through digital platforms, ensuring convenience and security for managing finances anywhere, anytime.