1st Feb 2008 14:43
JSC Halyk Savings Bank Kazakhstan01 February 2008 1 February 2008 Joint Stock Company 'Halyk Savings Bank of Kazakhstan' Euromoney Award Joint Stock Company 'Halyk Savings Bank of Kazakhstan' (Halyk Bank) (LSE: HSBK)has been recognised as "A Leading Bank in Corporate Governance in EmergingEurope" in a corporate governance survey conducted by Euromoney of 146companies. Mr. Martin Born, Director for CEE, Russia and CIS, Euromoney highlighted that: "The banks that received Euromoney's Corporate Governance Awards represent theworld's strongest financial institutions despite all hurdles in today's banking.They were rewarded for their stable market positions, high yield level, growthpotential and efficient management. These banks really offer first-classfinancial services and are trustworthy." This award is recognition of Halyk Bank's commitment to and progress inimplementation of international best practices in corporate governance. Halyk Bank is one of Kazakhstan's leading financial services groups and aleading retail bank with the largest customer base and distribution networkamong Kazakh banks. The Bank is developing as a universal financial groupoffering a broad range of services (banking, pensions, insurance, leasing,brokerage and asset management) to its retail, small and medium enterprise andcorporate customers. It is seeking further expansion of its internationaloperations and credit exposure in the region. As at 30 September 2007 Halyk Bank's branch network consisted of 665 outlets,comprising 22 regional branches, 128 district branches, 466 limited servicebranches, four VIP centres and 45 personal service centres. - ENDS - For further information please contact: Financial Dynamics London: Paul Marriott [email protected] +44 (0)20 7269 7252David Cranmer [email protected] +44 (0)20 7269 7217 This information is provided by RNS The company news service from the London Stock ExchangeENDRelated Shares:
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