Kazkommertsbank JSC (Kazakhstan) informed about its activity results for 9 months of year 2007

21.11.07 15:15
/KASE, November 21, 07/ - Kazkommertsbank JSC (Almaty), being the listing company of Kazakhstan stock exchange (KASE) had provided KASE with the press-release in which the following is informed: Quotation begin Kazkommertsbank JSC - consolidated financial results for 9 months of year 2007. Main indicators: - Net income of the Bank for nine months of year 2007 increased by 96% compared to similar period of last year (growth from KZT21.827 m. for nine months, finished on September 30, 2006 to KZT42.777 m. for nine months finished on September 30, 2007). - Net income before taxation increased by 87.43% against similar period of last year, from KZT29.424 m. to KZT55.150 m.. - Net interest income increased 2.1 times from KZT24.811 m. to KZT52.429 m.. - Net commission income increased by 50.42% from KZT10.706 m. to KZT16.104 m.. - Operation income increased by 78.34% from KZT43.410 m. to KZT77.418 m.. - Income per share increased by 38.91% from KZT51.14 to KZT71.04. - Assets of Bank increased by 23.08% from KZT2.444 bn. as of December 31, 2006 to KZT3.008 bn. as of September 30, 2007. - Shareholders capital of the Bank incerased by 17.3% from KZT249 bn. to KZT292 bn.. - Volume of loans, provided to clients minus reserves fro depreciation of cost (net) increased by 44.4% from KZT1.679 bn. to KZT2.425 bn. - Volume of funds on clients' accounts increased by 20.36% from KZT688 bn. to KZT828 bn. - Volume of issued debt securities increased by 75.24% from KZT424 bn. to KZT743 bn. - Return on equity coefficient as of September 30, 2007 made 19.5%. Quotation end Full version of press-release form Kazkommertsbank JSC, including results of business activity of Bank is available at http://www.kase.kz/emitters/scan/kkgb/kkgb_reliz_211107.pdf [2007-11-21]