/KASE, April 14, 09/ - Halyk Savings Bank of Kazakhstan JSC (Almaty), a
company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a
press release:
Quotation beginning
Halyk Savings Bank of Kazakhstan and its subsidiaries (the Bank) releases
audited consolidated financial statements for the year ended December 31, 2008
prepared in accordance with International Financial Standards.
- Total assets increased by 3.5% from KZT1,595.1 bn. as at YE2007 to
KZT1,651.3 bn.;
- The net total loan portfolio increased by 14.2 % from KZT1,040.3 bn. as at
YE2007 to KZT1,188.3 bn.;
- Total deposits decreased by 7.3 % from KZT935.4 bn. as at YE2007 to
KZT867.4 bn.;
- Foreign borrowings increased as a result of successful USD500 m. Eurobond
issue in April 2008, and USD300 m. syndicated loan borrowed in September
2008;
- Retail loans increased by 7.6 % from KZT322.3 bn. as at YE2007 to
KZT346.6 bn.;
- Total equity increased by 18.6 % from KZT161.0 bn. as at YE2007 to
KZT191.0 bn.;
- Net interest income before impairment charges increased by 29.4 % to
KZT91.9 bn. from KZT71.0 bn. for 2007;
- Net fee and commission income increased by 5.6 % to KZT25.5 bn. from
KZT24.2 bn. for 2007;
- Net income for 2008 was KZT14.5 bn.;
- The ratio of provisions to gross loans (provisioning rate) increased from
5.2 % as at YE2007 to 8.8 % as at YE2008;
- The ratio of operating expenses to operating income before impairment
charges (cost to income ratio) was 34.4% for 2008;
- The ratio of operating expenses to average assets (cost to assets ratio)
decreased from 3.1 % for 2007 to 2.6 % for 2008;
- The ratio of net loans to customers to amounts due to customers (loan to
deposit ratio) was 1.37x as at YE2008.
For further information please contact:
Zhanara Aikimbayeva janara@halykbank.kz +7 727 259 07 96
Assel Atinova asela@halykbank.kz +7 727 259 04 30
Farkhad Okhnov farhado@halykbank.kz +7 727 259 04 27
Quotation end
The full version of the press release is available at the KASE website:
-
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_140409.pdf - in Russian;
-
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_140409e.pdf - in English.
[2009-04-14]