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

20.06.08 23:03
/IRBIS, Dinara Mukasheva, June 20, 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, June 1, 2008. According to AFS, as of June 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 June As of May As of Jan As of June Indicator 1,08 1,08 1,08 1,07 -------------------- ---------- --------- --------- ---------- sum of joint assets 210.0 -0.05 -2.8 +31.2 Joint liabilities 159.9 -0.2 -6.8 +23.0 shareholders equity 50.1 +0.2 +12.3 +67.0 joint loan portfolio 169.1 -1.9 -6.3 +23.0 ------------------------------------------------------------------ * According to preliminary data In the structure of credit portfolio of mortgage organizations as of June 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 May, 2008 with objectives of removal the abortion of legislation, regulating the activities of mortgage organizations, AFS 1 written notifications and 3 written liabilities were sent to mortgage organizations. [2008-06-20]