Halyk Savings Bank Announced Preliminary Results for 9 Months
OREANDA-NEWS. On October 10, 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 had provided KASE with the press-release in which are informed the preliminary results of bank's activities for 9 months of year 2007, reported the press-centre of KASE.
According to the message as of October 1, 2007 bank's net income made KZT29.1 bn. Assets had reached KZT1,4 tr. Having increased since the beginning of year by 42% (KZT407,1 bn).
"In the plans of bank there is opening of daughter banks in China, Mongolia, Georgia and Tajikistan. Today Halyk bank have representations and daughter companies in Russia, China, Great Britain and Kirgizia. Liabilities of the bank make KZT1,2 tr. With growth 44,3% or KZT382,5 bn (compared to January 1, 2007). Shareholders equity of capital makes KZT158,6 bn", - is noted in teh press-release.
Volume of credits provided to clients increased to KZT925 bn. Including credits to population made KZT347,1 bn, credits to juridical entities - KZT577,9 bn.
In September 2007 banks through its daughter company HSBK (Europe) B.V. had signed an agreement about syndicated loan for amount of $300,0 m. for 3 years' term. Margin made 40 basis points upper LIBOR rate. By information of the bank the given loan is not connected to refinancing of current liabilities of the bank before foreign investors. Organizers of the loan are The Bank of Tokyo - Mitsubishi UFJ, Ltd., CALYON, Mizuho Corporate Bank, Ltd.
Volume of depository base made KZT750,8 bn. Deposits of population made KZT351.7 bn, deposits of juridical entities are equal to KZT399,1 bn.
Subsidiary network of the bank includes 22 subsidiaries, 584 departments of the bank, 43 centers of personal service, 4 VIP centers. Amount of bank's departments with system of electric lines makes 91, till the end of this year it will increase by 50.
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