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Kazakhstan's Halyk Bank raises 2016 profit guidance
August 22, 2016 / 11:01 AM / in a year

Kazakhstan's Halyk Bank raises 2016 profit guidance

ALMATY, Aug 22 (Reuters) - Halyk Bank , Kazakhstan’s second-biggest lender by assets, raised its 2016 net income guidance on Monday to more than 100 billion tenge ($295 million) from 60-80 billion tenge, the bank said in a presentation on its website.

In 2015, Halyk posted a profit of 120.3 billion tenge and last Friday the lender said it had made 57.1 billion tenge in the first half of 2016. ($1 = 338.82 tenge) (Reporting by Olzhas Auyezov; Editing by Dmitry Solovyov)

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