Halyk Bank of Kazakhstan plans to enter Uzbek market

Chairperson of the Board of the Halyk Bank of Kazakhstan Umut Shayakhmetova in an interview with the news Agency LS told about the plans to enter the market of Uzbekistan.

"Currently, we are at the stage of submitting permits to the regulators of Kazakhstan and Uzbekistan. In addition, we have already formed part of the board of the new structure. I believe that we will be able to open it before the end of 2018," said Umut Shayakhmetova.

"The financial market in Uzbekistan is in the process of revival, which makes it possible to increase assets, revenues, customers and the business itself with hundreds of percent per year. Therefore, we are very optimistic about this market," the head of the Halyk Bank added.

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