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

/IRBIS, Dinara Mukasheva, October 28, 08/ - Agency of Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial 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 October 1, 2008. As of October 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 Oct. As of Sept. As of Jan As of Oct. Indicator 1, 08 1, 08 1, 08 1, 07 ------------------------------- ---------- ----------- --------- ---------- Joint assets 12,500.3 -0.5 +7.0 +9.0 Joint rated shareholders equity 1,983.2 -0.5 +11.3 +17.7 Loan portfolio 9,094.0 +0.6 +2.5 +4.5 Past-due debt on main debt and accrued bonus 391.7 -9.1 +3.3 Х Total sum of deposits attracted by banks 7,310.6 -0.8 +13.8 +16.5 From juridical persons 5,764.2 -0.9 +15.8 +18.4 From physical persons 1,546.5 -0.7 +6.8 +10.0 The joint liabilities 10,980.7 -0.2 Х Х The joint liabilities before nonresidents 4,911.2 -2.1 Х Х The joint sum of revenues 2,007.2 +16.0 +11.7 +58.0 The sum of charges 1,910.1 +17.8 +21.3 +75.9 Undistributed net income 71.0 -13.8 -68.0 -61.5 provision volume on loans 803.9 +8.3 Х Х ------------------------------------------------------------------------------- In the structure of loan portfolio of banks, the stake of standard loans made 44.0 %, doubtful loans - 52.7 %, hopeless - 3.3 %. 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 (inclusive of homogeneous credits) made KZT570.0 bn and in joint loan portfolio their stake made 5.7 %. Provision volume on loans made KZT803.9 bn. or 8.8 % of loan portfolio with the growth by 54.1 % since year beginning. Pawns in economic branch (except physical entities) made KZT6,939.9 bn., having increased for a month by KZT74.0 bn. or 1.1 %. Along with this, there is a decreasing for the reported month in the following fields: transport - by 3.9 %, individual enterprise - by 1.7 %, industry - by 1.5 %, construction - by 0.4 %, connection - by 0.2 %. At that, increasing is observed in the field of: trade - by 3.7 %, agriculture - by 3.0 %, non productive sphere - by 1.7 %. Since year beginning, loans in economy branches increased by KZT420.9 bn. or by 6.5 %. Indicators of adequacy of capital as of October 1 of the current year made k1 - 0.12; k2 - 0.15 (as of January 1, 08: k1 - 0.11; k2 -0.14). The stake of liquidity assets to joint bank's assets makes 15.8 %. For violations of banking legislation in September 2008, banks were rendered 2 written notifications. As of October 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). [2008-10-28]