KASE defined leading operators of the foreign exchange market in Kazakhstan for July 2001

/IRBIS, July 31, 01/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market for July 2001. The rating is made according to portion of concluded deals in aggregate gross turnover of trades (total of purchased and sold currencies) in US dollar, Deutsche mark, Euro and Russian rouble in the KASE trade system. The position of each bank was expressed by total dollar equivalent at the current rate of each concluded deal. In total, 24 second-tier banks participated in trades on KASE. Below is the list of 10 the most active operators given in descending order. ------------------------------------------------------------------- Position Position Share in in July in June gross volume 2001 2001 Brief title of a bank of trades, % -------- -------- --------------------------------- ------------ 1 1 Bank Turan Alem OJSC (Almaty)* 24.1 2 5 KAZKOMMERTSBANK OJSC (Almaty) 8.3 3 3 Euroasian bank CJSC (Almaty) 7.0 4 2 CITYBANK KAZAKHSTAN CJSC (Almaty) 6.6 5 6 MB CJSC (Almaty) 5.7 6 9 Alfa-bank Sub OJSC (Almaty) 3.5 7 11 NURBANK OJSC (Almaty) 3.39 8 7 Temirbank OJSC (Almaty) 3.35 9 8 Irtyshbusinessbank OJSC(Pavlodar) 3.3 10 10 Bank CenterCredit OJSC(Аlmaty) 2.7 ------------------------------------------------------------------- - market-maker of dollar at KASE NURBANK OJSC (Almaty) is a new one in active ten. In July it replaced Halyc Bank of Kazakhstan OJSC - one of the most active currency operators. In analyzing month this bank is at 14th point. Total currency market turnover for this year - 99.98%. 27 secondary tier banks participated in foreign currency deals during seven months of this year. The following is list of the most ten active banks. --------------------------------------------------------------------------------- Position Jan-July 2001 Position Share in Jan-July Brief title of gross volume 2000 bank of trades, % ---------------------- -------- --------------------------------- ------------ 1 1 Bank Turan Alem OJSC (Almaty)* 18.6 2 10 KAZKOMMERTSBANK OJSC (Almaty) 8.3 3 4 CITYBANK KAZAKHSTAN CJSC (Almaty) 8.1 4 3 Halyc Bank of Kazakhstan OJSC 6.7 5 7 Euroasian bank (Almaty) 5.7 6 5 MB CJSC (Almaty) 5.6 7 9 Temirbank OJSC (Almaty) 4.5 8 12 Irtyshbusinessbank OJSC(Pavlodar) 3.1 9 6 NURBANK (Almaty) 3.0 10 8 Bank CenterCredit OJSC(Аlmaty) 2.8 --------------------------------------------------------------------------------- - market-maker of dollar at KASE