Halyk Savings Bank Named Best Foreign Exchange Provider
OREANDA-NEWS. January 21, 2013. JSC "Halyk Savings Bank of Kazakhstan" (hereinafter - the Bank) was the third year in a row named the winner in nomination "Best Foreign Exchange Provider Kazakhstan 2013" according to the authoritative international edition "Global Finance", reported the press-centre of KASE.
The international edition "Global Finance" has determined "Best providers on the foreign exchange market" in different countries, regions and categories in its exclusive research, which is going to be published in the magazine's January edition.
The expert group of "Global Finance", consisting of branch analysts, company executives and technical experts has chosen the best providers in 97 countries and regions of the world. Selection criteria included the volume of client transactions, interbank and exchange transactions, market share, customer service level, competitiveness of prices and level of introduction and use of innovative technologies.
"On the global currency market, the largest in the world, there is a large amount of deals conducted daily, to the amount of almost 4 trillion dollars a day on average. Banks invest considerable amounts in new technologies, since they want to keep their market shares. Companies need services of banks operating on the foreign exchange market, which could help minimize risks and expand their businesses", - says publisher and president of "Global Finance" D. Giarraputo.
"The high esteem of international experts is very important, - says deputy chairman of Managing Board of JSC "Halyk Savings Bank of Kazakhstan" Dauren Karabaev, - I would like to point out that this achievement became possible thanks to support from our clients which for many years have preferred treasury products and services of Halyk Bank of Kazakhstan. In this respect we express our sincere gratitude to all of our clients and partners".
Halyk Bank is one of the leaders on Kazakhstan's interbank and exchange markets: on the foreign exchange spot market the Bank occupies leading position - more than 50% of all foreign banknotes imported to Kazakhstan are brought by Halyk Bank. Across Kazakhstan there around 4 thousand various organization and far more individuals carrying out transactions in foreign currencies. Halyk Bank is the largest counterpart for both exporters and importers operating in Kazakhstan as it is for foreign banks in Kazakhstan.
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