KASE defined leading operators of the foreign exchange market in Kazakhstan for January 2002

/IRBIS, Feb 1, 02/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market in January 2002. 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 banks of second tier participated in trades on KASE. Below is the list of 10 the most active operators given in descending order. ------------------------------------------------------------------------ Position Position Share in in Dec in Nov gross volume 2001 2001 Brief title of a bank of trades, % -------- -------- -------------------------------------- ------------ 1 1 Bank TuranAlem OJSC (Almaty)* 13.1 2 3 ABN AMRO Bank Kazakhstan CJSC (Almaty) 11.3 3 5 Halyk bank of Kazakhstan OJSC (Almaty) 9.8 4 4 Irtyshbusinessbank OJSC (Pavlodar) 8.2 5 6 CITIBANK KAZAKHSTAN CJSC (Almaty) 8.1 6 8 BANK OF CHINA IN KAZAKHSTAN OJSC (Almaty) 5.4 7 11 Eurasian CJSC (almaty) 3.9 8 9 Temirbank OJSC (Almaty) 3.3 9 10 Bank CenterCredit CJSC (Almaty) 3.0 10 13 AMB OJSC (Almaty) 2.5 ------------------------------------------------------------------------ * - market-maker of U.S. dollar at KASE New banks in the list relative to December 2001- Eurasian CJSC and AMB OJSC that replaced from the table KAZKOMMERTSBANK OJSC (Almaty, 2nd position of December) and NURBANK OJSC (Atyrau, 7th position of December). The proportion of the U.S. dollar in total turnover of the Exchange's currency market equaled 99.4% in January of this year.