Halyk Bank Approves Dividend Payout of 229 Billion Tenge
Photo: Halyk Bank Press Service
Halyk Bank will distribute dividends for 2024 totaling 229 billion 193 million 967.7 thousand tenge, Orda.kz reports.
According to an announcement on the KASE website, shareholders approved the dividend payment at a general meeting on September 22. Net income per share was set at 21 tenge, and payouts will begin after September 25.
The bank is controlled by Timur and Dinara Kulibayev through the Almex holding group, which owns 69.48% of common shares. Another 27.92% is held nominally by The Bank of New York. Based on official holdings, dividends for the Kulibayevs amount to 159 billion 254.3 million tenge.
Timur Kulibayev ranks fourth on the Forbes Kazakhstan list with a net worth of $5.3 billion.
Earlier, it was reported that Halyk Bank’s net profit for the first half of 2025 rose 39.4% compared to the same period in 2024.
Original Author: Nikita Drobny
Latest news
- Is Kazakhstan’s Economy Becoming Less Reliant on Oil?
- Kazakhstan Releases More Than 600 Prisoners Under Amnesty
- Seven Regions of Kazakhstan Face Drought in August
- Dozens of Fake Diplomas Found in Kazakhstan
- Alatau Plans Full-Cycle Sustainable Aviation Fuel Production
- Kyrgyzstan Prohibits Human Cremation
- Trade Minister Says Kazakhstan Should Become a “Landlocked Singapore”
- Kazakhstani Wildberries Sellers Will Receive Advice but No Compensation
- Tankers Keep Returning for Kazakh Oil Despite Attacks at CPC Terminal
- Two Border Villages in Uzbekistan to Become Part of Kyrgyzstan
- Kazakhstan Fines and Jails Over 20 Streamers for Offensive Content
- Foreign Investors Put 2.6 Trillion Tenge Into Kazakh Government Bonds
- Kazakhstan’s Subsoil Users Sign Purchase Contracts Worth 123 Billion Tenge
- Kazakhstan May Introduce Paid Entry Permits for Foreigners
- Kazakhstan Sees Faster Growth in Electricity Prices
- Multiple Forest Fires Reported Across Kazakhstan
- Naked Man Jumps From Brooklyn Bridge After Hanging Kazakhstan Flag
- Military Movements Planned Across Kazakhstan
- More Than 20 Boat Owners Fined After Alakol Tragedies
- Tiger Returns to Kazakhstan’s Wild After 70-Year Absence
