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29.05.2020 14:41 #Corporate events

Auditor's report on 2019 financial statements of Subsidiary Bank Sberbank of Russia released

/KASE, May 29, 2020/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the bank's financial statements for 2019.

According to audited data as of December 31, 2019 (in mln tenge, if not otherwise specified):

-----------------------------------------
                          as of     as of
Indicator              31.12.19  31.12.18
--------------------- --------- ---------
Equity                  235,899   174,076
Total assets          2,183,591 1,870,325
Total liabilities     1,947,692 1,696,249
Net income (net loss)    68,126    41,202
ROA, %                     3.12      2.20
ROE, %                    28.88     23.67
-----------------------------------------

The bank's financial statements for 2019 were audited by Ernst and Young LLP. According to the auditor's opinion, financial statements reflect reliably in all significant relations the financial position of Subsidiary Bank Sberbank of Russia as of December 31, 2019, as well as its financial results and cash flows for the year ended as of the specified date in accordance with the IFRS.

The report is available on KASE website at – see more

[2020-05-29]