Tag
Halyk Bank
Kazakhstan’s Fintech Group Lists in the London Stock Exchange
By Paolo Sorbello
The group that owns Kazakhstan's third-largest bank sold around $1 billion in shares in the London Stock Exchange.
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.
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.
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.
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.
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.
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.
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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