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
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan