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Halyk Bank

@halykbank.kz

Halyk Bank is a commercial bank that offers various corporate, commercial, and retail banking services.

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About

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Halyk Bank, based in Kazakhstan, is one of the largest commercial banks in the country. It was founded in 1923 and has since grown to become a prominent player in the banking industry in Kazakhstan. The bank's headquarters are located in Almaty, Kazakhstan's largest city.


Halyk Bank offers a wide range of banking products and services to its customers. It provides retail banking services, including savings accounts, current accounts, loans, and mortgages. The bank also offers corporate banking services, such as corporate deposits, trade finance, project finance, and cash management solutions.


Additionally, Halyk Bank provides investment banking services, asset management, and brokerage services. Halyk Bank operates not only in Kazakhstan, but also has a presence abroad. The bank has subsidiaries in Russia, Kyrgyzstan, and Georgia.


It has also formed strategic partnerships and joint ventures with several international financial institutions to expand its reach and product offerings. In terms of market position, Halyk Bank holds a significant position within Kazakhstan's banking industry. It is considered one of the leading banks in the country and has a large customer base.


The bank faces competition from other major banks in Kazakhstan, such as Kazkommertsbank and Kaspi Bank. In recent years, Halyk Bank has achieved several noteworthy milestones. In 2015, it acquired a majority stake in Kazkommertsbank, further solidifying its position as one of the largest banks in Kazakhstan.


This acquisition allowed Halyk Bank to expand its customer base and product offerings. Additionally, the bank has focused on digital transformation, investing in technology and enhancing its digital services to meet the changing needs of its customers. As of the latest updates, Halyk Bank continues to grow and adapt to the evolving banking landscape.


It remains a key player in the Kazakhstani banking industry, offering a comprehensive range of financial products and services to its customers

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Company Type

Public Company

Company Size

5001-10,000

Year Founded

1923

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