OREANDA-NEWS. On August 29, 2007 Halyk savings bank of Kazakhstan JSC (Almaty), shares and bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, provided KASE with the press-release of following contention, reported the press-centre of KASE:

Almaty, August 29, 2007 - today Chairman of Board of Halyk bank Grigoriy Marchenko announced preliminary results of activity of Halyk Group for the first half-year of year 2007, based upon audited consolidated financial statement. Financial statement was prepared in accordance with International standards of financial statements.

Financial group Halyk Group headed by Halyk bank is conquering the new heights of its activity. Halyk bank for the next time confirms the title of successful bank, being stable and reliable financial institution of the country.

Main indicators of Halyk Group according to financial statement (ISFS). Net income increased by 110% from KZT10,125 m. in the first half-year of 2006 to KZT21,263 m. in first half-year of 2007. Total assets increased by 30% from KZT991,359 m. as of December 31, 2006 to KZT1.286,951 m. as of June 30, 2007. Total capital increased by 17% from KZT120,627 m. as of December 31, 2006 to KZT141,157 m. as of June 30, 2007. ROAA (return on average assets) made 4,2% APR, ROAE (return on average equity) – 42,0% APR and NIM (net interest margin) – 6,7% APR. Deposits of physical entities increased by 22% and made KZT256,097 m. as of June 30, 2007.

Loan portfolio increased by 31% from KZT596,216 m. or 60% from total assets of Bank, as of December 31, 2006 to KZT780,372 m. or 61% from total assets of Bank as of June 30, 2007 as the result of general increase of volumes of crediting by the Bank.

As says Chairman of Board of Halyk bank Grigoriy Marchenko: "Our business model confirms its success. Only since the beginning of August inflow deposits form population made KZT24 bn., inflow of corporate deposits made more than KZT46 bn."

On April 18, 2007 the Bank had borrowed syndicated loan fro amount of $400 m. from syndicate of international banks with 3 years' term of maturity. Interest rate made LIBOR plus 30 basis points for the first two years and LIBOR plus 70 basis points for third year.

On May 3, 2007 special daughter company of the Bank, HSBK (Europe) B.V., had successfully offered 10 years' eurobonds for amount of $700 m. under total security of the Bank at the price 200 basis points upper middle term swaps.

On May 4, 2007 rating agency Moody's confirmed the rating of financial stability of the Bank at the level D, which corresponds the basis analysis of risks at the level Aa2.

On June 9, 2007 the Bank was named as Best retail bank in Central Asia by version of Asian Banker magazine.