HSBC Bank renamed to Altyn Bank

On 26 February 2014 HSBC Bank plc and JSC Halyk Bank entered into an agreement to sell 100% of the shares in the charter capital of Subsidiary bank "HSBC Bank Kazakhstan" Joint stock company, now called Altyn Bank (the "Transaction"). The Transaction was subject to regulatory approvals which the parties have successfully satisfied, and on 28 November 2014 HSBC Bank plc transferred 100% of shares in the charter capital of Altyn Bank to JSC Halyk Bank. On 28 November 2014 JSC Halyk Bank became the sole shareholder of and thus obtained full control over Altyn Bank. The change of control shall not affect existing legal agreements between the bank's customers and Altyn Bank and they shall remain in force, according to the website of Altyn Bank .