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Banks (Finance)

Halyk Bank of Kazakhstan Completes Dividend Payment and Transfers Unclaimed Funds

Strategic Insights

— 1 min read

The Halyk Bank of Kazakhstan has finalized the payment of dividends to its common shareholders based on the 2024 financial results, as decided at the annual general meeting of shareholders on April 30, 2025. The dividend amount of 29.64 tenge per common share was paid out to eligible shareholders who had provided current details for payment. However, an amount of 808,808,317.20 tenge in accrued but unpaid dividends remained unclaimed, due to the lack of updated shareholder information. In accordance with the Law of the Republic of Kazakhstan "On Joint-Stock Companies", the unclaimed funds were transferred to an account at the Central Securities Depository on August 4, 2025.

Key Takeaways:

  • The Halyk Bank of Kazakhstan completed the payment of dividends to its common shareholders, totaling 322,682,105,503.68 tenge, including 90,263,717,544.00 tenge for global depositary receipts.
  • The dividend payment was made from May 22, 2025, to July 29, 2025, and included 90,263,717,544.00 tenge for global depositary receipts.
  • An amount of 808,808,317.20 tenge in accrued but unpaid dividends remained unclaimed, due to the lack of current shareholder details.
  • The unclaimed funds were transferred to an account at the Central Securities Depository on August 4, 2025, in accordance with the Law of the Republic of Kazakhstan "On Joint-Stock Companies".
  • The dividend payout was made based on the decision taken at the annual general meeting of shareholders on April 30, 2025.
  • The bank's shareholders who received the dividend payment had to have current details for the payment on file with the bank or have an account in the system of registers of securities holders or the accounting system of nominal holding.

Statistics:

  • Total dividend payout: 322,682,105,503.68 tenge
  • Amount of dividend payout for global depositary receipts: 90,263,717,544.00 tenge
  • Unclaimed dividend amount: 808,808,317.20 tenge
  • Start date of dividend payment: May 22, 2025
  • End date of dividend payment: July 29, 2025

Sources:

  • Halyk Bank of Kazakhstan JSC, announcement regarding completion of dividend payment (no date provided, but included in the text)
  • Law of the Republic of Kazakhstan "On Joint-Stock Companies" (no date or publication provided)

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