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Halyk Bank
Kazakhstan
15 Aug 1923 (102 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Halyk Bank
Company Information
Get to know Halyk Bank
Halyk Bank is a commercial bank that offers various corporate, commercial, and retail banking services. The company provides custodial services, foreign currency exchange services, and securities brokerage. It also originates loans and guarantees, trades in securities and foreign currencies, execute transfers and collects. The bank also offers cash and payment card processing and other banking services. Halyk Bank provides telecommunications, cash collection, property & casualty, personal and life insurance products, asset management services, and leasing. The company serves corporate clients, SME clients, individuals, individuals entrepreneurs, and financial organizations. The mission of the bank is still providing services in Kazakhstan and a number of other countries on all segments of the financial market (banking, insurance, securities, leasing), at the level of international standards. Halyk Bank was founded on August 15, 1923, and is headquartered in Almaty, Kazakhstan.
Industry
- Financial BankingPRIMARY
- Financial Other Service
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