Halyk Bank AO : FITCH AFFIRMS HALYK BANK’S “BB” RATING, OUTLOOK “STABLE”

On January 20, 2016 international rating agency Fitch Ratings (hereinafter - 'Fitch') affirmed the long-term foreign and local currency IDRs of JSC Halyk Bank (hereinafter - the 'Bank' or 'Halyk Bank'; rating outlook - 'Stable'.

According to Fitch, affirmed ratings reflect its view that the Bank's resilience to economic headwinds remains fairly strong due to its prominent domestic market positions, sound capitalisation, solid pre-impairment profitability and robust liquidity.

The Bank's ratings are one of the highest among Kazakhstan's banks and confirm Halyk Bank's leading position on the market.

JSC Halyk Bank is the leading financial services group and the leading retail bank in Kazakhstan with the largest customer base and the broadest branch network. The Bank holds the first place in net income among second tier banks of Kazakhstan. The Bank is developing as a universal financial services group rendering a wide range of services (banking, insurance, leasing and brokerage services) to its retail, SME and corporate clients. The Bank also operates in Russia, Georgia and Kyrgyzstan.

For further information please contact:

Viktor Skryl, [phone] (Director, International Department)

Mira Kasenova, [phone] (Head of Financial Institutions)

PR Service

JSC Halyk Bank

tel. [phone], [e-mail], www.halykbank.kz