Halyk Bank is a commercial savings bank

Bank

A bank is a financial institution that serves as a financial intermediary. The term "bank" may refer to one of several related types of entities:...

 in Kazakhstan

Kazakhstan

Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...

 that also has branches in Georgia

Georgia (country)

Georgia is a sovereign state in the Caucasus region of Eurasia. Located at the crossroads of Western Asia and Eastern Europe, it is bounded to the west by the Black Sea, to the north by Russia, to the southwest by Turkey, to the south by Armenia, and to the southeast by Azerbaijan. The capital of...

. Its full Kazakh name translates into English as "National Savings Bank of Kazakhstan Joint-Stock Company" and in Russian-language sources the bank is often referred to as Narodny Sberegatelny Bank Kazakhstana (Народный сберегательный банк Казахстана), the Russian equivalent of the name. The bank is the legal successor of the Soviet-era Sberbank in Kazakhstan, analogous to Sberbank

Sberbank

Sberbank Rossii is the largest bank in Russia and Eastern Europe. The company's headquarters are in Moscow and its history goes back to Cancrin's financial reform of 1841...

 in Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

.

Halyk Bank is the third largest in Kazakhstan by volume of business activity and a key universal financial institution. A member of the Halyk group, it is headquartered in the city of Almaty

Almaty

Almaty , also known by its former names Verny and Alma-Ata , is the former capital of Kazakhstan and the nation's largest city, with a population of 1,348,500...

. According to figures from IFRS

International Financial Reporting Standards

International Financial Reporting Standards are principles-based standards, interpretations and the framework adopted by the International Accounting Standards Board ....

 accounts published on its website, as of 30 June 2010 it had KZT

Kazakhstani tenge

The tenge is the currency of Kazakhstan. It is divided into 100 tïın . It was introduced on 15th of November 1993 to replace the Soviet ruble at a rate of 1 tenge = 500 rubles...

 2,180.5 billion in assets on KZT 293.1 billion in equity

Equity (finance)

In accounting and finance, equity is the residual claim or interest of the most junior class of investors in assets, after all liabilities are paid. If liability exceeds assets, negative equity exists...

, while outstanding client loans totalled KZT 1,091.4 billion and client deposits KZT 1,475.7 billion.

The Board of Directors is chaired by Umut Shayakhmetova.