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Kazakh Halyk Bank's board may consider paying dividend in 2018 - CEO
November 20, 2017 / 1:50 PM / a month ago

Kazakh Halyk Bank's board may consider paying dividend in 2018 - CEO

ALMATY, Nov 20 (Reuters) - The board of Halyk Bank , Kazakhstan’s biggest lender by assets, might consider resuming dividend payments starting from 2018, Chief Executive Umut Shayakhmetova said on Monday.

Halyk has paid no dividends for 2015 and 2016; it had previously paid out 15-50 percent of net income in dividends, and Shayakhmetova told analysts in a teleconference on Monday that policy remained in place. (Reporting by Olzhas Auyezov; Editing by Dmitry Solovyov)

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