Debt securities issued decreased by 39.2% compared to YE 2020 as a result of full prepayment of Bank's Eurobonds on 1 March 2021 and due to timely and full redemption of the Bank's Eurobonds on 28 January 2021. As at the date of this press-release, the Bank's debt securities portfolio was as follows:
Description of the security Nominal amount outstanding Interest rate Maturity Date Local bonds KZT 100 bn 7.5% p.a. November 2024 Local bonds KZT 131.7 bn 7.5% p.a. February 2025 Local bonds KZT 93.6 bn 8.75% p.a. January 2022 Subordinated coupon bonds KZT 101.1 bn 9.5% p.a. October 2025 Local bonds listed at Astana International Exchange USD 183 mln 3.0% p.a. April 2022
As at the end of 1Q 2021, total equity increased by 6.0% compared with the YE 2020.
The Bank's capital adequacy ratios were as follows*:
31-Mar-21 31-Dec-20 30-Sep-20 30-Jun-20 31-Mar-20 Capital adequacy ratios, unconsolidated: Halyk Bank k1-1 24.0% 23.7% 22.4% 25.9% 22.5% k1-2 24.0% 23.7% 22.4% 25.9% 22.5% k2 25.3% 25.1% 24.4% 27.9% 24.4% Capital adequacy ratios, consolidated: CET 1 24.9% 24.4% 22.8% 25.2% 20.6% Tier 1 capital 24.9% 24.4% 22.8% 25.2% 20.6% Total capital 26.0% 25.5% 24.3% 26.7% 21.9%
* minimum capital regulatory adequacy requirements: k1 - 8.5%, k1-2 - 9.5% and k2 - 11%, including conservation buffer of 2% and systemic buffer of 1% for each of these ratios.
The consolidated financial information for three months ended 31 March 2021, including the notes attached thereto, are available on Halyk Bank's website: http://halykbank.com/financial-results
A 1Q 2021 results webcast will be hosted at 2:00 p.m. London time/9:00 a.m. EST on Monday, 17 May 2021. A live webcast of the presentation can be accessed via Zoom link after the registration. The registration is open until 17 May, 2021 (including), for the registration please click here.
About Halyk Bank
Halyk Bank is Kazakhstan's leading financial services group, operating across a variety of segments, including retail, SME & corporate banking, insurance, leasing, brokerage and asset management. Halyk Bank has been listed on the Kazakhstan Stock Exchange since 1998, on the London Stock Exchange since 2006 and Astana International Exchange since October 2019.
With total assets of KZT 10,389.6 bn as at 31 March 2021, Halyk Bank is Kazakhstan's leading lender. The Bank has the largest customer base and broadest branch network in Kazakhstan, with 600 branches and outlets across the country. The Bank operates in Georgia, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.
For more information on Halyk Bank, please visit https://www.halykbank.com
- ENDS-
For further information, please contact:
Halyk Bank
+7 727 259 04 30
Mira Kassenova
MiraK@halykbank.kz
+7 727 259 04 53
Margulan Tanirtayev
Margulant@halykbank.kz
+7 727 330 16 77
Nurgul Mukhadi
NyrgylMy@halykbank.kz -----------------------------------------------------------------------------------------------------------------------
ISIN: US46627J3023
Category Code: MSCL
TIDM: HSBK
Sequence No.: 105296
EQS News ID: 1196887
End of Announcement EQS News Service
=------------------------------------------------------------------------------------
Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1196887&application_name=news
(END) Dow Jones Newswires
May 14, 2021 09:56 ET (13:56 GMT)