OREANDA-NEWS. “2006 marked another strong year of profitable growth for Halyk Bank, with our market-leading position across a range of products driving our performance. Net income and total assets both grew by more than 70 percent and we maintain a strong balance sheet with a total capital ratio of 17.1 percent, reported the press-centre of Halyk Bank.

The Bank continued to maintain leading positions in the Kazakh retail market with a #1 ranking in mortgages, deposits, payroll and card products, pension fund services, and its distribution platform, including the largest branch and ATM networks.

2006 was also a year of landmark achievements for the Bank, in which we completed a successful IPO on the London Stock Exchange in a heavily over-subscribed offer.
Controlled and sustainable growth remains our top priority as we continue to develop our client-focused offering in 2007. The year has started well and we are optimistic that we are well-placed to benefit from positive trends in the Kazak banking sector”, Grigoriy Marchenko, Chairman of the Management Board said.