Bank Center Credit JSC informed about main results of activity in the first half-year of 2006 - press release
08.08.06 21:17
/KASE, August 8, 06/ - Bank CenetrCredit JSC (Almaty), whose shares and
bonds are traded in Kazakhstan stock exchange's official securities list
under "A" category, has spread today the press release, saying:
Quotation start
Bank CenetrCredit JSC by the results of the first half-year of 2006 got net
income in size of KZT3.5 bn., compared to KZT2.1 bn. for the similar period
of year 2005.
at that, interest income of the bank for the specified period made KZT20.5
bn., whereas for the corresponding period of the previous year this indicator
totaled KZT10.1 bn., i.e. two times bigger.
The bank's assets, according to the report, during the year (that is, since
July 1, 2005) grew from KZT224.4 bn. to KZT410.6 bn., liabilities - from
KZT207.7 bn. to KZT381.2 bn.
In addition, the shareholders equity of the bank for the analyzed period
increased from KZT23.3 bn. to KZT54.9 bn., authorized - from KZT9.9 bn. to
KZT16.3 bn.
Bank CenetrCredit offered eurobonds in the first half-year of 2006 for a total
of $300 m. with fixed coupon 8% APR and circulation term 5 years, issued
termless debit hybrid notes for $100 m. with possibility of paying-off in 10
years, borrowed Islam financing of Murabah for a total of $38 m. with term 1
year syndicate loan of Schuldscheindarlehen for an amount of $100 m. and
syndicate credit for $300 m.
As of july 1, 2006 branch networks of the bank includes 19 structural
departments and 117 calculation-cash offices. Bank Cenetrcredit has the
following long-term ratings: Ba1/positive prediction (Moody's Investors
Services Inc.) and BВ- (Fitch Ratings Ltd).
It is possible to get extra information
at PR manager of Bank CenetrCredit
Zhanna Mambetova by phone. 59-86-03
e-mail: zmambeto@centercredit.kz
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[2006-08-08]