August 22, 2018 / 5:33 AM / 3 months ago

Kazakhstan's Halyk Bank slightly raises 2018 profit guidance

ALMATY, Aug 22 (Reuters) - Halyk Bank, Kazakhstan’s largest lender by assets, raised its 2018 profit guidance to more than 214 billion tenge ($592 million) on Wednesday from 207 billion tenge.

Halyk chief executive Umut Shayakhmetova, who announced the forecast at a briefing, did not explain the reasons for the revision, but said the bank also expected faster loan book growth. (Reporting by Mariya Gordeyeva Writing by Olzhas Auyezov; Editing by Sunil Nair)

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