Bank CenterCredit JSC (Kazakhstan) informed about results of its activities for Q3 of year 2007
29.10.07 12:39
/KASE, October 29, 07/ - Bank CenterCredit JSC (Almaty), shares and
bonds of which are traded in Kazakhstan stock exchange's (KASE) category
"A" official list had provided KASE with the press-release in which the
following is informed:
Quotation begin
According to non-consolidated financial statement of Bank CenterCredit JSC
for the third quarter of year 2007 financial indicators of the bank in the
current year had demonstrated good rates of growth.
Assets of Bank CenterCredit JSC for 9 months of year 2007 increased by
KZT336.498 bn. or 58.9%, and as of October 1 made KZT907.452 bn. At
that loan portfolio of the bank since the beginning of current year increased
by KZT247.141 bn. or 61.2%, and reached the level of KZT651.068 bn.
Shareholders equity of the bank as of October 1, 2007 made KZT64.440 bn.,
having increased in comparison to beginning of year by KZT24.671 bn. or
62%.
By rates of growth of assets and shareholders equity Bank CenterCredit JSC
takes one of the leading places among big banks of Kazakhstan.
Net income of the bank for 9 months of year 2007 made KZT9.541 bn., what
is significantly - by KZT4.169 bn. or 77.6% - exceeds the income for similar
period of year 2006 (KZT5.372 bn.).
Bank obtains the wide subsidiary network, including as of October 1, 2007
20 subsidiaries and 160 structure subdivisions on the territory of Republic of
Kazakhstan. International rating agencies Moody's Investors Service and
Fitch Ratings remained without changes the long-term credit ratings of Bank
CenterCredit JSC ("Ва1" and "ВВ-" correspondingly), and also forecasts on
them ("stable" for each rating). Bank CenterCredit JSC enters the 6 largest
banks of republic.
Additional information is available at
PR manager of Bank CenterCredit JSC
Mambetova Zhannaby tel. 259-86-03
e-mail: zmambeto@centercredit.kz
Quotation end
[2007-10-29]