19th Sep 2014 13:08
JSC Halyk Bank / Miscellaneous 19.09.2014 13:08 Dissemination of a Regulatory Announcement, transmitted byEquityStory.RS, LLC - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.--------------------------------------------------------------------------- 19 September 2014 PRESS-RELEASE Оn obtaining regulatory approvals for acquisition of SB 'HSBC BankKazakhstan' JSC Joint Stock Company 'Halyk Savings Bank of Kazakhstan' ('Halyk Bank') (LSE:HSBK) announces that it has received the regulator's approvals foracquisition of SB 'HSBC Bank Kazakhstan' JSC According to the resolution of the National Bank of the Republic ofKazakhstan No.173 dated 12 September 2014, Halyk Bank has received thepermission No.114 dated 15 September 2014 for acquisition of SB HSBC BankKazakhstan JSC. Furthermore, according to the resolution of the National Bank of theRepublic of Kazakhstan No.174 dated 12 September 2014, Halyk Bank hasreceived the regulator's consent for obtaining the status of bank holdingof SB 'HSBC Bank Kazakhstan' JSC. As announced on 26 February 2014 Halyk Bank has entered into an agreementwith HSBC Bank plc to acquire 100% of the share capital in SB 'HSBC BankKazakhstan' JSC, a wholly owned subsidiary of HSBC Bank plc ('theTransaction'). The Transaction is expected to complete by the end of 2014. This acquisition will further strengthen the leading position of Halyk Bankin the Kazakhstan banking sector, attracting new customers in the retailsegment and among large national companies and large internationalcompanies operating in Kazakhstan. JSC Halyk Bank is the leading financial services group and the leadingretail bank in Kazakhstan with the largest customer base and the broadestbranch network. The Bank holds the first place in net income among secondtier banks of Kazakhstan. The Bank is developing as a universal financialservices group rendering a wide range of services (banking services,insurance, leasing, brokerage services) to its retail, SME and corporateclients. The Bank also operates in Russia, Georgia and Kyrgyzstan. For further information please contact:Halyk BankViktor Skryl, +7 727 259 04 27Director, International DepartmentMira Kasenova +7 727 259 04 30Head of Financial Institutions 19.09.2014 The EquityStory.RS, LLC Distribution Services include RegulatoryAnnouncements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: EnglishCompany: JSC Halyk Bank 109V, Abay ave 050008 Almaty KazakhstanPhone: +7 727 259 04 27Fax: +7 727 259 04 64E-mail: [email protected]: http://halykbank.kzISIN: US46627J3023Category Code: MSCTIDM: Sequence Number: 2271Time of Receipt: Sep 19, 2014 13:08:17 End of Announcement EquityStory.RS, LLC News-Service ---------------------------------------------------------------------------UK-Regulatory-announcement transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.
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