/KASE, September 16, 08/ - Halyk Savings Bank of Kazakhstan (Almaty),
shares and bonds of which are traded in Kazakhstan Stock Exchange (KASE)
official list provided to KASE the press relase where informs on the following:
Quotation start
Halyk Savings Bank of Kazakhstan (hereinafter - the Bank) releases its
unaudited interim financial information for the six months ended 30 June 2008.
The interim financial information has been prepared in accordance with
International Accounting Standard 34, Interim Financial Reporting.
- Total assets increased by 7.1 percent from KZT 1,595.1 billion as at YE2007
to KZT 1,708.3 billion
- Net total loan portfolio increased by 9.0 percent from KZT 1,040.3 billion as at
YE2007 to KZT 1,133.4 billion
- Total deposits increased by 6.2 percent from KZT 935.4 billion as at YE2007
to KZT 993.0 billion
- Portfolio of large-ticket foreign borrowings increased as a result of the
successful USD 500 million Eurobond issue in April 2008 and USD 300
million syndicated loan in August 2008
- Retail loans increased by 8.1 percent from KZT 322.3 billion as at YE2007 to
KZT 348.5 billion
- Total equity increased by 6.9 percent to KZT 172.1 billion from KZT 161.0
billion as at YE2007
- Net interest income before impairment charges increased by 29.3 percent to
KZT 39,645 million from KZT 30,663 million for the first six months of 2007
- Net fee and commission income increased by 18.9 percent to KZT 13.6 billion
from KZT 11.5 billion for the first six months of 2007
- Net income for the first six months of 2008 was KZT 15.6 billion
- The ratio of provisions to gross loan portfolio (provisioning rate) increased
from 5.2 percent as at 31 December 2007 to 5.9 percent as at 30 June 2008.
- The ratio of operating expenses to operating income before impairment
charge (cost-to-income ratio) was 35.1 percent for the first six months
of 2008
- The ratio of operating expenses to average assets (cost-to-assets ratio)
decreased from 3.1 percent for the first six months of 2007 to 2.5 percent
- Return on average common shareholders' equity and return on average assets
were 20.2 percent and 1.9 percent respectively for the first six months
of 2008.
Quotation end
The full version of Halyk Savings Bank of Kazakhstan press release, including
the financial overview and the Bank information, is available on KASE site at:
-
http://www.kase.kz/emitters/scan/hsbk/hsbk_reliz_150908.pdf - in Russian;
-
http://www.kase.kz/emitters/scan/hsbk/hsbk_reliz_150908e.pdf - in English.
[2008-09-16]