AFS characterized the banking sector of Kazakhstan as at October 1, 2009 (ON PRELIMINARY DATA)

/IRBIS, Dinara Mukasheva, October 22, 09/ - 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, have characterized the banking sector of Kazakhstan as at October 1, 2009. As at October 1, 2009, according to AFS, the banking sector of the republic was represented by 37 second level banks. Changing of main characteristics of condition of Kazakhstan banking sector (in bn. KZT) ---------------------------------------------------------------------------- Changing (in %) relative to values -------------------------------- As at since Indicator 01.10. 09 for a month 2009 for a year --------------------------------- --------- ----------- --------- ---------- Joint assets 12,076.9 -0.3 +1.5 -3.4 Joint rated shareholders equity* -927.8 +30.2 -147.5 - Loan portfolio 10,138.3 -0.2 +9.7 +11.5 Loans for RK nonresidents 1,956.1 +0.6 +27.2 - Doubtful of 5th category and hopeless 3,519.6 +2.5 4.7 times 6.2 times Overdue debt more than 90 days 1,776.7 +10.8 3.7 times 4.6 times provision volume on loans 3,688.3 +5.4 3.6 times 4.6 times Total sum of deposits incl.: 8,259.4 +2.2 +20.2 +13.0 Legal entities 4,165.2 +5.1 -22.5 -27.7 subsidiaries 2,225.5 -1.3 -3.4 -5.2 individuals 1,868.7 +0.4 +24.6 +20.8 The joint liabilities 13,063.8 +1.4 +25.1 +19.0 Before nonresidents 4,841.2 -0.3 +3.3 -1.4 The joint sum of revenues 5,525.4 +8.9 +88.3 2.8 times The sum of charges 8,344.3 +8.8 2.9 times 4.4 times Undistributed net income (loss)** -2,825.4 +8.7 - - ---------------------------------------------------------------------------- * on 01.01.09 Joint rated shareholders equity made 1, 953.9 billion tenge, on 01.07.08 - 1,993.4 billion tenge; ** on 01.01.09 the net profit made 15,4 billion tenge, on 01.07.08 - 82,4 bn. tenge. As of 1st of October, 2009 assets denominated in foreign currencies amounted to 52.6% of total assets (KTZ 6 356.2 billion), loans granted in foreign currency - 59.9% (KTZ 6,075.7 billion), liabilities denominated in foreign currency - 58.1% (KTZ 7,586.7 billion), deposits denominated in foreign currency by 53.2% (KTZ 3,207.7 billion). In the structure of the economy, the share of loans by sectors were:construction - 27.2%, trade - 26.3%, non-production sphere - 23.2%, industry - 15.0%, agriculture - 3.9%, transport - 3.0%; individual activities - 0.7%; connection - 0.8%. The share of highly liquid assets to total assets of banks amounted to 19.3%. For violation of banking legislation in September, banks had been rendered on 3 written prescriptions and 5 written warnings. As of October 1, 2009 in the process of forced liquidation by a court there are 5 banks (Valyt Transit Bank JSC, Nauryz Bank Kazakhstan JSC, Businessbank JSC, Kazpochtabank JSC, Komirbank JSC). At the meeting of the Board of FSA, which was held on September 26, 2009, on the regulation of second-tier banks and banking conglomerates adopted a number of decisions: - On Amendments and Additions into the Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on June 12, 2004 # 157 On Approving the Rules of issuing consent to the appointment (election) of the employees of financial institutions; - On Amending the Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on April 28, 2008 # 55 On Approval of Rules of issuing banks in the second level of bank guarantees and warranties. [2009-10-22]