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
- West Kazakhstan To Spend Billions On Waste: What Will Change By 2030?
- EAEU May Extend Zero Fuel Duties as Russian Refineries Struggle
- Kazakhstan Bans Electric Scooters From Sidewalks
- Open Competition Now Required for Airport Commercial Space in Kazakhstan
- Kazakhstan Completes Key Drilling Stage for Caspian Underwater Internet Cable
- Kazakhstan Moves to Ban Foreigners From Using Surrogacy Services
- Kazakhstan Busts Fuel Smuggling Networks Sending Oil to Uzbekistan and Kyrgyzstan
- Kazakhstan to Create State Company for Trading Saiga-Derived Products
- Endangered Marbled Polecat Rescued and Released in Western Kazakhstan
- Why Did An Astana Hub-Linked Fund Send $5 Million To A Private Venture Player?
- Kazakh Fintech Giant Gets Approval To Buy Turkish Bank
- Chinese Contractor Starts Work To Expand Aktau Port’s Cargo Capacity
- How Much Do Couriers In Kazakhstan Really Earn?
- Kazakhstan And EU Sign Deals On Airbus Aircraft, Roads And Visa Facilitation
- Kazakhstan Pauses Planned Electricity Tariff Increase
- Attack On Russian Gas Plant Again Raises Question Of Karachaganak Gas
- Kazakhstan Wants To Make Its Power Grids Smarter
- Kazakhstan’s Muftiate Declares Childfree Ideology Haram
- Ukrainian Suspect Extradited From Poland To Kazakhstan In Telegram Drug Case
- Kazakhstan’s Northeast May Be Left Without Gas Route If Russia Chooses Mongolia