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238. Bull, Bear & Beyond – Halyk Bank in 60 seconds image

238. Bull, Bear & Beyond – Halyk Bank in 60 seconds

S1 E238 · Bull, Bear & Beyond by Edison Group
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18 Plays7 days ago

Hear from Edison’s Milosz Papst on Halyk Bank, Kazakhstan’s leading financial group, whose market-leading position, robust returns and consistent dividend payouts make it a compelling way to access Central Asia’s largest economy.

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About ‘Bull, Bear & Beyond’ 

Bull, Bear & Beyond': features candid conversations with senior executives and from our own team of experts from across industries, exploring strategy, innovation, and the opportunities shaping their markets and 60-second pieces are a compressed summary of content designed to convey our message in a single, easily shareable hit. 

About Edison: 

Edison is a content-led IR business. We believe quality investment content should inform all investors, not just brokers. Our mission: engage and build bigger, better-informed investor audiences for our clients. 

Edison covers 50+ investment trusts, read about them here:

https://www.edisongroup.com/equities/investment-companies/

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Transcript

Halek Bank's Financial Highlights

00:00:00
Speaker
And Edison recently published a research note on Halek Bank, the leading diversified financial group in Kazakhstan, which offers a combination of high return on average equity at around 26% in Q126, supported by a healthy net interest margin, which stood at 7.0% in a strong market position, holding close to 30% of total assets of Kazakhstan's commercial banking sector, solid cost-discipline with a cost-to-income ratio below 20%, continued focus on expanding its digital ecosystem.

Investment Opportunity in Kazakhstan

00:00:30
Speaker
The company, therefore, represents a quality exposure to the largest economy in Central Asia, whose real GDP has been growing at 4% or more for the better part of the last decade.

Halek Bank's Dividend Policy

00:00:40
Speaker
Halek's dividend policy assumes the payout of between 50% 100% of its consolidated net profit, and the average dividend payout ratio over the last five years amounted to 51%. This has translated into a double-digit dividend yield for several years now.