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06.04.2022 11:59 #Corporate events

Auditor's report on consolidated financial statements of ForteBank for 2021 published

/KASE, April 6, 2022/ – ForteBank (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the bank's consolidated financial statements for 2021.

According to the audited data as of December 31, 2021 (in mln tenge, if not specified otherwise):

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                                            as of     as of
Indicator                                31.12.21  31.12.20
--------------------------------------- --------- ---------
Equity                                    277,697   263,331
Total assets                            2,425,789 2,089,264
Total liabilities                       2,148,092 1,825,933
Net income (net loss)                      64,060    52,962
Book value of one ordinary share, tenge      2.91      2.83
ROA, %                                       2.64      2.53
ROE, %                                      23.07     20.11
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The audit of the bank's financial statements for 2021 was conducted by Ernst & Young LLP. According to the auditor's report, the consolidated financial statements reliably reflect, in all material respects, the consolidated financial position of ForteBank JSC and its subsidiaries as of December 31, 2021, as well as their consolidated financial results and consolidated cash flows for the year ended as of that date, in accordance with IFRS.

The report is available on KASE website at see more

[2022-04-06]