Halyk Bank acquires 49% stake in Click for $176.4 million

A strategic agreement was signed between Kazakhstan’s major financial institution Halyk Bank and Uzbekistan’s leading payment service provider Click.

. Halyk Bank acquired 49% of Click’s shares for $176.4 million (about 2.214 trillion UZS).
. Click had previously purchased 49% of the shares of Halyk Bank’s subsidiary in Uzbekistan, “Tenge Bank,” for $60.76 million (about 763.7 billion UZS).