Altyn Bank is part of Halyk Group, the largest financial group in Kazakhstan. Active in the market since 1998 as a universal commercial bank, it is the largest subsidiary of Halyk Bank, serving 600+ corporate clients and 75,000 individual customers.
In late 2014, Halyk Bank acquired HSBC Bank Kazakhstan when HSBC decided to leave the country. They subsequently renamed it Altyn Bank. The bank faced a challenging separation scenario, with the need to become independent from legacy systems and old parent infrastructure from day one. While this created some problems for the bank, it also presented an opportunity to start its digital journey from scratch.
said Askar S. Smagulov, Altyn Bank CEO.
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