KASE determines top operators of exchange foreign currencies market for October and 10 months of 2008

03.11.08 22:09
/KASE, November 3, 08/ - Kazakhstan Stock Exchange (KASE) determined top operators of the exchange foreign currencies market in Kazakhstan in October. 2008. Totally, 25 second-tier banks concluded deals in October 2008. Below are the ten most active KASE category "B" members (all headquartered in Almaty, unless specified otherwise). The stake of the "top-10" constituted for 86.1 % of the exchange secondary corporate bond market. ------------------------------------------------------------------------------- Rank in: Calcuation ----------- Activity base Ka: Oct. Sept. indicator ---------------- 2008 2008 Company short name (Ka) V N D ---- ----- ------------------------------------- --------- ---- ---- ---- 1 1 Halyk Savings Bank of Kazakhstan JSC* 2.66 0.96 1.00 1.00 2 5 SB HSBC Bank Kazakhstan 2.42 0.72 1.00 1.00 3 2 SB RBS Kazakhstan 2.39 1.00 0.66 1.00 4 3 Kazkommertsbank 1.95 0.87 0.31 1.00 5 6 Nurbank 1.55 0.37 0.42 1.00 6 4 Alliance Bank 1.35 0.38 0.24 0.95 7 10 ATFBank 1.09 0.09 0.23 1.00 8 7 BTA Bank* 1.06 0.12 0.19 0.95 9 9 Eurasian Bank 1.02 0.06 0.18 1.00 10 8 Bank CenterCredit 0.96 0.07 0.10 1.00 ------------------------------------------------------------------------------- * US dollar market-maker on KASE Below is the table of the most active KASE category "B" members in 10 months of 2008. 26 second-tier banks and 1 investment company concluded the deals. The stake of the "top-10" constituted for 84.0 % of the exchange foreign currencies market turnover. ------------------------------------------------------------------------------- Calculation base Ka: Activity indicator ---------------- Rank Company short name (Ka) V N D ---- ------------------------------------ ------------------ ---- ---- ---- 1 SB RBS Kazakhstan 2.68 0.99 1.00 0.99 2 Halyk Savings Bank of Kazakhstan JSC 2.48 0.93 0.87 0.96 3 Kazkommertsbank 2.44 1.00 0.71 1.00 4 Nurbank 2.12 0.95 0.42 0.99 5 Alliance Bank 2.02 0.76 0.54 0.98 6 SB HSBC Bank Kazakhstan 1.84 0.45 0.65 1.00 7 BTA Bank 1.63 0.53 0.34 0.99 8 Citybank Kazakhstan 1.09 0.13 0.21 0.96 9 BANK CASPIAN 1.07 0.29 0.12 0.85 10 Eurasian Bank 1.02 0.07 0.17 0.99 ------------------------------------------------------------------------------- KASE draws attention that the operators were ranked in the table in accordance with the KASE internal document "Methodology of Kazakhstan Stock Exchange Member Activity Indicator Calculation" (Methodology), effective January 1, 2008. The text of the methodology is available at the KASE website at http://www.kase.kz/files/normative_base/members_activity.pdf [2008-11-03]