China CITIC Bank Corporation Limited and Astana International Financial Centre signed a Memorandum for Strategic Cooperation
On behalf of China CITIC Bank Corporation Limited (hereinafter referred to as CITIC Bank), the document have been signed by Ms. Qingping Li, the Chairman, Board of Directors, on behalf of Astana International Financial Centre (hereinafter referred to as AIFC) - by Kairat Kelimbetov, the Managing Director.
JSC «Altyn Bank» SB JSC «Halyk Bank of Kazakhstan» (hereinafter referred to as the Bank) wishes success and prosperity!
We inform you that from June 4, 2018 Altyn Bank JSC was headed by the new Chairman of the Management Board Mr. Almenov.
JSC «Altyn Bank» (SB of JSC Halyk Bank of Kazakhstan) (hereinafter - the Bank) in accordance with the legislation of the Republic of Kazakhstan and the Charter, reports on the following corporate events:
Halyk Bank of Kazakhstan JSC has completed a deal to sell a 60% stake in share capital of Altyn Bank JSC
April 24, 2018: Altyn Bank JSC is pleased to announce the successful completion of the deal to sell 60% of its share capital to foreign investors: China CITIC Bank Corporation Limited (hereinafter referred to as CITIC Bank) acquired 50.1% of the shares and China Shuangwei Investment Co., Ltd. (hereinafter - Shuangwei) - 9.9% of the shares previously owned by Halyk Bank of Kazakhstan JSC. At the same time, the Kazakhstan shareholder will continue to own 40% of Altyn Bank’s shares and reserves certain rights in accordance with the shareholder agreement signed between the parties.