November 20, 2017 / 5:33 AM / a month ago

Kazakh Halyk Bank raises 2017 profit guidance to over 170 bln tenge

ALMATY, Nov 20 (Reuters) - Kazakhstan’s biggest lender, Halyk Bank, has raised its 2017 net income guidance to over 170 billion tenge (about $513 million), Chief Executive Umut Shayakhmetova said on Monday.

The bank had previously forecast this year’s net income at more than 150 billion tenge. (Reporting by Mariya Gordeyeva; Writing by Olzhas Auyezov; Editing by Amrutha Gayathri)

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