AFS of Kazakhstan characterized sector of organizations rendering separate types of banking services in the republic as of May 1, 2008

/IRBIS, Dinara Mukasheva, May 22, 08/ - Kazakhstan agency for financial market and financial organizations regulation and supervision (AFS) in its scheduled press-release dedicated to the condition of the republic's financial market has characterized sector of organizations rendering separate types of banking services in Kazakhstan, May 1, 2008. According to AFS, as of May 1, 2008, 12 mortgage companies, and 23 organizations rendering separate types of banking services functioned on financial market of republic, based on current licenses. Changing of main indicators, characterizing the condition of sector of Kazakhstan mortgage organizations (in bn. KZT)* ------------------------------------------------------------ Changing (in %) relative to values ----------------------------- As of May As of Apr As of Jan As of May Indicator 1,08 1,08 1,08 1,07 -------------------- --------- --------- --------- --------- sum of joint assets 210,1 -1,7 -2,8 +33,1 Joint liabilities 160,2 -3,2 -6,6 +25,0 shareholders equity 50,0 +3,5 +12,1 +68,4 joint loan portfolio 172,3 -2,0 -4,5 +34,0 ------------------------------------------------------------ * According to preliminary data In the structure of credit portfolio of mortgage organizations as of May 1, 2008 stake of standard credits made 93.9%, doubtful - 5.2%, hopeless - 0.9%. As of January 1, 2008 stake of standard credits totaled 95.5%, doubtful - 3.9%, hopeless - 0.6%. In April, 2008 with objectives of removal the abortion of legislation, regulating the activities of mortgage organizations, AFS 14 written notifications were sent to mortgage organizations. [2008-05-22]