Net loss of Nauryz bank (Kazakhstan) in 2001 - KZT561.6m
/Almaty bureau REUTERS, March 11, 02/ - Nat loss of Kazakhstan's Nauryz bank in 2001 accounted for KZT561.6m, is said in a press release of the bank.
Nauryz bank Kazakhstan OJSC, founded on March 21,2001 is a successor of unprofitable Kazagroprombank. By the moment of conservation a negative capital of Kazagroprombank was estimated at KZT1.1bn. Kazagroprombank had been in a regime of conservation from December 1,2000 to March 1,2001.
As of January 01,2002 a capital of the bank was KZT1.577bn ($10.5m), assets - KZT16.431bn ($109.1m).
Below are some indicators of the bank's financial activity as of January 01,2002 (in KZT m):
------------------------------------------ Net loss 561.6 Incomes 1,979.9 Operating income 1,169.0 Assets 16,431.0 Securities portfolio 1,208.0 Liabilities 14,853.0 Funds and deposits of population 2,251.0 Capital 1,577.0 ------------------------------------------
Consortium of Kazakhstan's companies and Neftebank that having bought out 100 percent shares of Kazagroprombank have become shareholders of the bank.
Bank Nauryz has more than 70 subsidiaries, majority of which are in rural areas.