KASE determined leading operators of the exchange market of foreign currency in September and the first 9 months

/IRBIS, Ranida Gabdeyeva, October 5, 04/ - Kazakhstan stock exchange (KASE) determined the list of second tier (commercial) banks - leading operators in stock market of foreign currency in Kazakhstan in September of 2004. Place of each bank in the list is set according to stake of deals made in total gross-turnover of trades (total of purchased and sold currency) on USD, Euro and Russian rouble in KASE's trade system. At that, position of each bank was expressed in total tenge equivalent at the current rate of each deal made. A total of 26 second-tier banks participated in the trades. Below is the list of ten most active banks in descending order of their stake in total volume of deals (all headquartered in Almaty). -------------------------------------------------------------------------- Position in Position in Brief Stake in September August, name of trades 2004 2004 bank volume, % ----------- ----------- ------------------------------------- --------- 1 1 Halyk savings bank of Kazakhstan JSC* 16.3 2 2 Bank TuranAlem JSC* 13.6 3 4 DB ABN AMRO Bank Kazakhstan CJSC 10.1 4 5 Eurasian bank JSC 7.6 5 3 Kazkommertsbank JSC 6.6 6 6 NURBANK OJSC 6.5 7 7 CITIBANK KAZAKHSTAN CJSC 6.4 8 11 Bank CenterCredit JSC 4.3 9 9 DB Alfa-bank OJSC 3.8 10 8 Temirbank JSC 3.6 -------------------------------------------------------------------------- * market-maker of USD at KASE Newcomer of "the active ten" relative to August of 2004 is Bank CenterCredit JSC that replaced ATFBank JSC (Almaty, the tenth position in August). Below is the list of most active operators of stock exchange's currency market in the first 9 months of 2004. 27 second tier banks participated in conducting of deals at KASE in this period. --------------------------------------------------------- Brief Stake in name of trades Position bank volume, % -------- ------------------------------------ --------- 1 Halyk savings bank of Kazakhstan JSC 13.9 2 Bank TuranAlem JSC 11.6 3 DB ABN AMRO Bank Kazakhstan CJSC 9.9 4 Kazkommertsbank JSC 9.5 5 Eurasian bank JSC 7.0 6 NURBANK OJSC 4.7 7 CITIBANK KAZAKHSTAN CJSC 4.2 8 Temirbank JSC 3.7 9 ATFBank JSC 3.4 10 BANK CASPIAN JSC 3.2 --------------------------------------------------------- In September of 2004 volume of transactions in foreign currencies at KASE reached equivalent of USD595,762.0 th. or KZT 80,536.2 m. [2004-10-05]