Contact Center: +7 (727) 259 69 00
+7 (727) 330 57 77



More >


Amendments to the tariffs for individuals

More >


New conditions and interest rates for individuals’ term deposits

More >


Altyn Bank in digital banking Altyn-i launched Apple Pay contactless payments

More >


Changes in standard documents forms

More >

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. The transaction was closed after the parties have fulfilled a number of conditions precedent including obtaining of the necessary approvals from the Chinese and Kazakh regulatory authorities.

CEO of Altyn Bank, Askar Smagulov commented on this event: "The successful completion of the transaction is the result of hard work and concerted actions of the teams of Altyn Bank, Halyk Bank and CITIC Bank. Now that the deal is officially completed, we can say that this is a truly unique case for the Kazakh banking sector, which should have positive effect over economy and the market. It is an important step within the framework of Chinese initiative “One belt. One road.” which will open new opportunities for all participants, especially as we see the growing interest of Kazakhstan companies to develop their business in China. China is a promising market in terms of technologies and opportunities for the sale of Kazakhstani goods and services. We expect that, thanks to access to innovative technologies of CITIC Bank, we will be able to strengthen our positions in the corporate sector, as well as in the digital area, which has been actively developing over the past two years."

Umut Shayakhmetova, CEO of Halyk Bank, commented on the completion of the transaction: “We are pleased to announce the completion of the landmark deal for Kazakhstan banking sector, which became possible thanks to the concerted effort of Halyk Bank, CITIC Bank and Altyn Bank teams over the last two years. The strategic alliance between the largest banks of Kazakhstan and China will expand opportunities of Altyn Bank in banking technologies, cross-selling, trade finance, treasury operations, payments in RMB, and will also allow attracting key Chinese clients working in Kazakhstan. This transaction also allows Halyk Bank to play a key role in implementing initiatives on creation of the Silk Road Economic Belt “One Belt. One Road”.

About Altyn Bank

Altyn Bank JSC (SB of Halyk Bank of Kazakhstan JSC), formerly known as SB of HSBC Bank Kazakhstan JSC , has been present in the banking market of Kazakhstan since 1998, was acquired by and fully owned by the Halyk Bank since November 2014. Altyn Bank is a universal commercial bank with a wide range of products and services for corporate and retail customers, has four branches in Almaty, Astana, Atyrau and Aktau and two branches in Almaty.

As of December 31, 2017, the bank’s total assets amounted to KZT 386.6 billion, the capital amounted to KZT 53.8 billion. The ratings of the bank: BB from Fitch and Ba2 from Moody's.  
About Halyk Bank of Kazakhstan

Halyk Bank of Kazakhstan is the leading financial group in Kazakhstan operating in various segments including retail, SMEs and corporate banking services, insurance, leasing, brokerage and asset management. The bank has been listed on Kazakhstan Stock Exchange since 1998 and on London Stock Exchange since 2006.

About CITIC Bank China CITIC Bank Corporation Ltd., founded in 1987, ranks seventh in terms of assets in China and is represented in 130 countries. It offers various banking products and services to large corporate clients and individuals, both in China and abroad. The Bank’s total assets have reached US$900 billion. The ratings of the bank: BBB from Fitch and Baa2 from Moody's.

About China Shuangwei Investment Co.

China Shuangwei Investment Co., Ltd. is a limited liability company wholly owned by China Tobacco Corporation. The company is responsible for managing and investing in a number of key strategic projects in the fields of energy, real estate, agriculture, education, medical services, logistics, infrastructure, culture, network information, financial products, energy saving, supporting projects in the tobacco industry, and related advisory business services. 

 Halyk Bank of Kazakhstan JSC has completed a deal to sell a 60% stake in share capital of Altyn Bank JSC