Halyk Bank
Halyk Bank (Kazakh: Қазақстан Халық Жинақ Банкі, romanized: Qazaqstan Halyq Jınaq Banki) is a commercial savings bank in Kazakhstan that also has branches in Kyrgyzstan, Georgia, Russia, Tajikistan and Uzbekistan. Its full Kazakh name translates into English as "Peoples' Savings Bank of Kazakhstan Joint-Stock Company". In Russian-language sources, the bank is often referred to as Narodny sberegatelny bank Kazakhstana (Народный сберегательный банк Казахстана), the Russian equivalent of the name. The bank is the legal successor of the Soviet-era Sberbank in Kazakhstan, analogous to Sberbank in Russia. Halyk Bank is headquartered in the city of Almaty, which was the country's capital until 1997.
| Company type | Joint Stock Company |
|---|---|
Traded as | KASE: HSBK LSE: HSBK |
| Industry | Banking, Financial services |
| Founded | 1923 |
| Headquarters | , |
Area served | Kazakhstan, Kyrgyzstan, Georgia, Russia, Tajikistan, Uzbekistan |
Key people | Alexander Pavlov (Chairman) Umut Shayakhmetova (Chairperson of the Management Board) |
| Revenue | 380.2 billion tenge (2020) |
Net income | 352.6 billion tenge (2020) |
| Total assets | 12,1 trillion tenge (2022) |
| Total equity | 1,493.2 billion tenge (2020) |
Number of employees | 13,452 (2020) |
| Subsidiaries | Halyk Bank Kyrgyzstan Halyk Bank Georgia Moskommertsbank Kazkommertsbank Tajikistan Tenge Bank |
| Website | halykbank.kz |
Halyk Bank merged with Kazkommertsbank on 27 July 2018. Halyk is Kazakhstan's largest bank with a 35% market share.
Due to protests in January 2022 in Kazakhstan, the share of Halyk bank traded at London Stock Exchange fell 16%.