OREANDA-NEWS. March 01, 2011. According to the results of Global Finance’s annual selection, JSC Halyk Finance has been selected as the best investment bank in Kazakhstan 2011 (“Best Investment Bank in Kazakhstan 2011") and has been included in the list of the World`s Best Investment Banks 2011, which will be published in April 2011 issue of Global Finance, reported the press-centre of Halyk Finance.    

When choosing the winners, international financial experts took into account such criteria as market share, number and size of deals, service and advice, structuring capabilities, distribution network, efforts to address market conditions, innovation, pricing, after-market performance of underwritings and market reputation.

“The investment banking industry has changed as a result of the financial crisis,” said Global Finance publisher Joseph D. Giarraputo. “The best institutions are those that have a business model focused on customer needs.”

Earlier in February 2011, JSC Halyk Finance has won the “Best Sovereign Wealth Fund Bond Deal” award from EMEA Finance, a major international business journal covering EMEA region, for its work on JSC Samruk-Kazyna Sovereign Wealth Fund’s domestic bond issue in the amount of KZT 75 bln (\\$508 MM) in September 2010.

“These top achievement awards not only attest to the recognition of our company by international financial community and to the strong customer confidence, but also reflect the positive development of investment banking industry in Kazakhstan as a whole,” said Yerkebulan Tulibergenov, the Chairman of the Management Board of JSC Halyk Finance. “We believe that the continued recovery of the financial markets will have a positive effect on Kazakhstan issuers further enhancing and improving the quality of investment banking services in Kazakhstan.”