Kazakhstani tenge

JSC Halyk Bank: Halyk Bank announces the resolution of the Bank's Board of Directors on voluntary liquidation of CJSC Halyk Bank Tajikistan, the Subsidiary Bank in the Republic of Tajikistan

Retrieved on: 
Wednesday, August 4, 2021

JSC Halyk Bank: Halyk Bank announces the resolution of the Bank's Board of Directors on voluntary liquidation of CJSC Halyk Bank Tajikistan, the Subsidiary Bank in the Republic of Tajikistan

Key Points: 
  • JSC Halyk Bank: Halyk Bank announces the resolution of the Bank's Board of Directors on voluntary liquidation of CJSC Halyk Bank Tajikistan, the Subsidiary Bank in the Republic of Tajikistan
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • Halyk Bank announces the resolution of the Bank's Board of Directors on voluntary liquidation of CJSC Halyk Bank Tajikistan, the Subsidiary Bank in the Republic of Tajikistan
    Joint Stock Company Halyk Savings Bank of Kazakhstan (the "Bank") (LSE: HSBK; KASE: HSBK, HSBKd; AIX: HSBK, HSBK.Y) announces the resolution adopted by the Bank's Board of Directors dated 30 July 2021 on voluntary liquidation of Closed Joint-Stock Company Halyk Bank Tajikistan, its subsidiary bank in the Republic of Tajikistan.
  • The resolution was adopted based on the comprehensive analysis of the activities and development prospects of the subsidiary bank.
  • Halyk Bank Tajikistan joined Halyk Group as a result of the acquisition of JSC Kazkommertsbank in 2017.

Halyk Bank has decided to partially prepay its $750million Eurobond issue

Retrieved on: 
Thursday, November 26, 2020

Joint Stock Company Halyk Savings Bank of Kazakhstan ("Halyk Bank") (LSE: HSBK; KASE: HSBK, HSBKd; AIX: HSBK, HSBK.Y) has decided to partially prepay its USD 750,000,000 Eurobond issue bearing 5.5% coupon rate due 2022 (the Notes).

Key Points: 
  • Joint Stock Company Halyk Savings Bank of Kazakhstan ("Halyk Bank") (LSE: HSBK; KASE: HSBK, HSBKd; AIX: HSBK, HSBK.Y) has decided to partially prepay its USD 750,000,000 Eurobond issue bearing 5.5% coupon rate due 2022 (the Notes).
  • This partial prepayment will allow the Bank to optimize its capital and funding costs utilizing the excessive USD liquidity of the Bank.
  • Halyk Bank has been listed on the Kazakhstan Stock Exchange since 1998, on the London Stock Exchange since 2006 and Astana International Exchange since October 2019.
  • With total assets of KZT 9,999.1bn as at 30 September 2020, Halyk Bank is Kazakhstan's leading lender.