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

Credit: REUTERS/SHAMIL ZHUMATOV

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))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.