November 18, 2019 / 1:29 PM / 22 days ago

Kazakhstan's Halyk Bank raises 2019 profit guidance

ALMATY, Nov 18 (Reuters) - Halyk Bank, Kazakhstan’s largest lender by assets, has raised its 2019 profit guidance to more than 320 billion tenge ($826 million) from a previous outlook of 300 billion, Deputy Chief Executive Murat Koshenov said on Monday.

The bank posted a 53.3% increase in profit to 251.4 billion tenge for the first nine months of the year. (Reporting by Olzhas Auyezov; editing by Jason Neely)

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