Halyk Savings Bank and WESTERN UNION Signed Agreement
OREANDA-NEWS. September 14, 2009. Halyk Savings Bank of Kazakhstan (Almaty), a company listed on Kazakhstan Stock Exchange (KASE), and WESTERN UNION issued a joint statement, reported the press-centre of KASE:
Western Union (NYSE: WU), a global leader in money transfer services, and JSC "Halyk Bank of Kazakhstan", a leading retail bank with the largest customer base and distribution network among Kazakh banks, signed an agreement to offer the Western Union(R) global money-transfer service in 595 Halyk Bank branch offices across 16 regions in Kazakhstan. The agreement will connect consumers to more than 385,000 Western Union Agent locations worldwide.
"All our business decisions are driven by our dedication to bring Western Union closer to its customers worldwide by making the money transfer service more accessible and convenient for all our clients no matter where they work and live. "Halyk Bank of Kazakhstan" is the largest Kazakh bank known by its impeccable reputation and high standard of service. Partnership with Halyk bank is an important step towards our customers", said Jan Hillered, Senior Vice President, Europe and CIS".
"We are pleased to join Western Union's largest global money transfer network, - said Marat Satubaldin, Deputy Chairman of JCS "Khalyk Bank of Kazakhstan". - am confident that Western Union's time-tested technologies and more than 85 years of our experience in retail financial services will ensure a brilliant start and successful future of our business relationship".
In 2008, Western Union completed more than 188 million consumer-to-consumer transactions worldwide. Western Union's services have been available in Kazakhstan since 1998.
The Western Union(R) global money-transfer service will be available at Halyk Bank locations in the nearest future. Khalyk Bank walk-in consumers will be able to send domestic or international money transfers for payout in 200 countries
and territories.
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