AFS characterized the banking sector of Kazakhstan as of September 1, 2008

/IRBIS, Dinara Mukasheva, September 18, 08/ - Agency of Republic of Kazakhstan for regulating and supervision over financial market and organizations (AFS) in its regulating press-release, dedicated to state of financial market and financial organizations of the republic, had characterized the banking sector of Kazakhstan as of September 1, 2008. As of September 1, 2008, according to AFS, the banking sector of the republic was represented by 36 second tier banks. Changing of main characteristics of condition of Kazakhstan banking sector -------------------------------------------------------------------------------- Changing (in %) relative to values ---------------------------------- As of Sept. As of Aug. As of Jan As of Sept. Indicator 1, 08 1, 08 1, 08 1, 07 ------------------------------- ----------- ---------- --------- ----------- Joint assets 12,560.7 +3.1 +7.5 +8.7 Joint rated shareholders equity 1,993.4 +0.5 +11.9 +23.4 Loan portfolio 9,041.4 +1.0 +2.0 +2.3 Past-due debt on main debt and accrued bonus 430.7 +93.2 +3.7 раз Х Total sum of deposits attracted by banks 7,372.4 +5.7 +14.8 +14.9 From juridical persons 5,815.3 +6.1 +16.9 +17.0 From physical persons 1,557.1 +4.2 +7.5 +7.5 The joint liabilities 11,003.1 +3.4 Х Х The joint liabilities before nonresidents 5,015.5 -1.7 Х Х The joint sum of revenues 1,730.0 +14.4 -3.7 +57.3 The sum of charges 1,621.9 +14.7 +3.0 +71.4 Undistributed net income 82.4 +8.7 -62.8 -46.5 -------------------------------------------------------------------------------- In the structure of loan portfolio of banks, the stake of standard loans made 43.2 %, doubtful loans - 53.9 %, hopeless - 2.9 %. As of January 1, 2008 the stake of standard loans made 39.7%, doubtful loans - 58.8%, hopeless - 1.5%. The sum of credit, as doubtful loans of 5 category and hopeless (except homogeneous credits) made KZT519.7 bn and in joint loan portfolio their stake made 5.7 %. Provision volume on loans made KZT742.6 bn. or 8.2 % of loan portfolio with the growth by 42.4 % since year beginning. Pawns in economic spheres (except physical entities) made KZT6,865.9 bn., having increased for a month by KZT106.0 bn. or 1.6 %. Along with this, there is a decreasing for the reported month in the following spheres: construction - by 1.6 %, agriculture - by 1.3 %. At that, increasing is observed in the sphere of: transport - by 12.2 %, non productive sphere - by 4.2 %, industry - by 3.0 %, trade - by 1.8 %, connection - by 0.3 %, individual enterprise - by 0.1 %. Since year beginning, loans in economy spheres increased by KZT346.9 bn. or by 5.3 %. Indicators of adequacy of capital as of September 1 of the current year made k1 - 0.12; k2 - 0.15 (as of January 1, 08: k1 - 0.12; k2 -0.15). The stake of liquidity assets to joint bank's assets makes 14.9 %. For violations of banking legislation in August 2008, banks were rendered 2 written notifications in the part of prudential standards violation and 6 letter directions: 1 letter direction, in the part of non providing corrected report on prudential standards execution on scheduled date and 5 letter directions, in the part of non providing reports in "electronic" form in compliance with article 4-1 of AFS Rules#486, dated December 8, 2002. As of September 1, 2008 there are 7 banks in the process of forced liquidation by the decision of Court (Valut-Transit Bank JSC, Nauryz Bank Kazakhstan JSC, Businessbank OJSC, Gazprombank OJSC, Kazpochtabank OJSC, Komirbank OJSC, Chingiz-bank OJSC). [2008-09-18]