Tag
Halyk Bank
May 07, 2019
Banks in Kazakhstan Give Mergers a Go, Again
By Paolo Sorbello
Three smaller banks in Kazakhstan will decide about a merger this month; meanwhile, large players are poised for changes too.
July 23, 2018
Kazakhstan's Top Bank Prepares a Bid to Enter Uzbekistan
By Paolo Sorbello
After buying out its main competitor, Kazakhstan's largest lender could plan to establish a subsidiary in Uzbekistan.
March 22, 2018
Kazakhstan’s Financial Restructuring Continues Despite Failed Mergers
By Paolo Sorbello
After two expected mergers failed, Kazakhstan's banking sector remains profoundly unbalanced, with the Halyk-Qazkom tandem as a hegemon.
July 28, 2017
With Help from Astana, Banking Deal of the Year Goes Through in Kazakhstan
By Paolo Sorbello
After lengthy negotiations, Halyk Bank bought out Qazkom, partially helped by the government's decision to shoulder some of Qazkom's toxic assets.
May 23, 2017
Restructuring of Kazakhstan's Banking Sector Continues
By Paolo Sorbello
Aftershocks of the crisis continue to rock the country's financial sector after a buyout and rumors of another merger.
February 14, 2017
Kazakh Banks Mull Mergers, Lose Licenses in Major Restructuring
By Paolo Sorbello
With a major merger pending, Kazakh banks are rapidly restructuring, getting ready for tougher competition.
December 02, 2016
Is a Banking Supergiant in the Making in Kazakhstan?
By Paolo Sorbello
The country's two largest banks -- Halyk Bank and Qazkom -- could merge next year
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