Kazakhstan's Halyk Bank posts 12% rise in Q3 profit

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Reuters
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Credit: REUTERS/SHAMIL ZHUMATOV

Halyk Bank, Kazakhstan's largest lender by assets, said on Friday its third-quarter net profit rose 12% year-on-year to 87.159 billion tenge (about $225 million) on the back of stronger interest income.

ALMATY, Nov 15 (Reuters) - Halyk Bank HSBK.KZ, Kazakhstan's largest lender by assets, said on Friday its third-quarter net profit rose 12% year-on-year to 87.159 billion tenge (about $225 million) on the back of stronger interest income.

The bank's net interest income jumped 20.4% year-on-year to 102.107 billion tenge.

(Reporting by Olzhas Auyezov; Editing by Mark Potter)

((olzhas.auyezov@thomsonreuters.com; +7 727 2508 500; Reuters Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))

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