/KASE, June 24, 09/ - Halyk Savings Bank of Kazakhstan (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) (LSE: HSBK)
releases its interim consolidated financial results for the three-month period
ended March 31, 2009 prepared in accordance with International Accounting
Standards 34 "Interim Financial Reporting" and reviewed by Deloitte LLP,
Kazakhstan.
- Total assets increased by 20.1 % in KZT terms and decreased by 4.0 % in
USD terms during the first three months of 2009*;
- Total amounts due to customers increased by 32.6 % in KZT terms and
increased by 6.0 % in USD terms in Q1 2009*;
- The total net loans to customers increased by 6.3 % to KZT1,263.4 bn from
KZT1,188.3 bn as at YE2008;
- Retail loans increased by 2.1 % to KZT353.8 bn from KZT346.6 bn as at
YE2008;
- Total equity increased by 15.6 % to KZT220.9 bn KZT191.0 bn as at YE2008;
- Net interest income before impairment charge increased by 27.5 % to
KZT24.4 bn from KZT19.1 bn in Q1 2008;
- Net fee and commission income increased by 76.0 % to KZT10.3 bn from
KZT5.8 bn in Q1 2008;
- Operating expenses decreased by 6.2 % to KZT9.5 bn from KZT10.1 bn in
Q1 2008;
- Net income for Q1 2009 was KZT4.1 bn;
- Net interest margin increased to 6.0 % from 5.3 % in Q1 2008;
- The ratio of provisions to gross loans (provisioning rate) increased to 10.9 %
from 8.8 % as at YE2008;
- The ratio of operating expenses to operating income before impairment
charge decreased to 23.2 % from 40.1 % against Q1 2008;
- The ratio of operating expenses to average assets (cost-to-assets ratio)
decreased from 2.1 % to 2.5 % for the first quarter of 2008;
- The ratio of net loans to amounts due to customers (loan-to-deposit ratio)
decreased to 1.10х from 1.37х as at YE2008.
* USD amounts have been translated from KZT amounts at the rates of KZT151.08 =
USD1.00 and KZT127.79 = USD, which are the rates reported by KASE on March 31,
2009 and December 31, 2008, respectivelyо.
Contact:
Assel Atinova asela@halykbank.kz +7 727 259 04 30
Farkhad Okhonov farhado@halykbank.kz +7 727 259 04 27
Viktor Skryl viktorsk@halykbank.kz +7 727 259 04 64
Oleg Khvan olegh@halykbank.kz +7 727 259 04 65
Quotation end
The full version of the press release is available at the KASE website at:
-
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_240609.pdf - in Russian;
-
http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_240609e.pdf - in English.
[2009-06-24]