OREANDA-NEWS. Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

The net income is by 28.9% lower than that in the 1st quarter of 2014 mainly due to discontinuation of the subsidiary pension fund, and is by 20.5% higher than that in the 4th quarter of 2014, having reached KZT27.0 bn. In doing so, Halyk Bank of Kazakhstan continues to occupy the leading position among local second-tier banks with regard to a series of financial indicators.

The full press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_250515.pdf.