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

/IRBIS, Aug 29, 01/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market for August 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, 25 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 Aug in July gross volume 2001 2001 Brief title of a bank of trades, % -------- -------- -------------------------------------- ------------ 1 1 Bank Turan Alem OJSC (Almaty)* 17.0 2 2 KAZKOMMERTSBANK OJSC (Almaty) 14.5 3 4 CITIBANK KAZAKHSTAN CJSC (Almaty) 9.0 4 7 NURBANK KAZAKHSTAN OJSC (Almaty) 6.0 5 9 Irtyshbusinessbank OJSC (Pavlodar) 5.8 6 14 Halyk bank of Kazakhstan OJSC (Almaty) 5.0 7 3 Euroasian bank CJSC (Almaty) 4.0 8 6 Alfa-bank SB OJSC (Almaty) 3.5 9 8 Temirbank OJSC(Almaty) 2.8 10 19 Demir Kazakhstan Bank OJSC(Аlmaty) 2.0 --------------------------------------------------------------------- - market-maker of dollar at KASE Demir Bank Kazakhstan OJSC (Almaty) is a new one in active ten. Total currency market turnover for this year - 99.97%. 28 secondary tier banks participated in foreign currency deals during eight months of this year. The following is list of the most ten active banks. -------------------------------------------------------------- Share in gross Position Position volume Jan-July Jan-July Brief title of of trades, 2001 2000 bank % -------- -------- --------------------------------- ---------- 1 1 Bank Turan Alem OJSC (Almaty)* 18.4 2 9 KAZKOMMERTSBANK OJSC (Almaty) 8.9 3 3 CITYBANK KAZAKHSTAN CJSC (Almaty) 8.2 4 4 Halyc Bank of Kazakhstan OJSC 6.5 5 7 Euroasian bank (Almaty) 5.6 6 5 MB CJSC (Almaty) 5.2 7 8 Temirbank OJSC (Almaty) 4.3 8 6 NURBANK (Almaty) 3.362 9 12 Irtyshbusinessbank OJSC(Pavlodar) 3.358 10 14 Alfa-bank SB OJSC(Аlmaty) 2.7 -------------------------------------------------------------- - market-maker of dollar at KASE