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JOINT STATEMENT BTA Bank JSC and Halyk Bank JSC

06.04.2012

By the results of press-conference of Halyk Bank JSC on the financial performance of the Bank in 2011 held on April 3, 2012 where BTA Bank JSC situation was commented, Mass media published materials which caused ambiguity in assessments.

In this regard management of BTA Bank JSC held press-conference on April 5, 2012 where stated its position on the issue.

Taking into consideration special importance of financial institutions for stable development of the banking system, BTA Bank JSC Halyk Bank JSC held joint negotiations where they managed to clear out their positions.

Management of the banks is respectfully treating activities of all players of the market, welcomes any measures taken to strengthen banking system of Kazakhstan and confirms their commitment to the norms of fair competition and corporate ethics.

BTA Bank JSC and Halyk Bank JSC agreed that settlement of the situation will have favorable impact on further development of the financial system of the country.

Press-service of BTA Bank JSC:
Tel. +7(727) 266-43-22
(Mr. Philipp Prokudin)
e-mail: pr@bta.kz
www.bta.kz

Press-service of Halyk Bank JSC
Tel.: +7 727 2 590 816,
(Mr. Yermek Koichebayev)
www.halykbank.kz