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

/IRBIS, December 25, 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 December 1, 2009. As at December 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 01.12. 09 for a month 2009 for a year --------------------------------- --------- ----------- -------- ---------- Joint assets 11,558.8 -3.2 -2.9 -3.3 Joint rated shareholders equity* -1,038.4 +9.8 - - Loan portfolio 9,839.5 -1.9 +6.5 +7.8 Loans for RK nonresidents 1,860.3 -2.8 +21.0 +26.4 Doubtful of 5th category and hopeless 3,557.3 -1.1 4.8times 5.2times Overdue debt more than 90 days 2,023.0 +2.3 4.2times 4.3times provision volume on loans 3,729.6 -0.1 3.7times 3.9times Total sum of deposits incl.: 8,300.1 0 +20.8 +19.4 Legal entities 4,054.1 -5.5 -24.5 -26.2 subsidiaries 1,983.0 -8.6 -10.6 -63.9 individuals 1,850.4 +0.5 +23.3 +26.6 The joint liabilities 12,632.2 -2.5 +21.0 +20.2 Before nonresidents 4,414.2 -5.9 -5.83 -5.1 The joint sum of revenues 6,540.6 +9.5 2.2times 2.5times The sum of charges 9,450.2 +7.1 3.3times 3.7times Undistributed net income (loss)** -2,920.5 +2.2 - - --------------------------------------------------------------------------- * on 01.01.09 Joint rated shareholders equity made KTZ 1, 953.9 billion; on 01.12.08 - KTZ 1,938.7 billion. ** on 01.01.09 the net profit made KTZ 15.4 billion; on 01.12.08 - KTZ 33.8 billion. As of 1st of December, 2009 assets denominated in foreign currencies amounted to 48.8 % of total assets (KTZ5,593.7 bn.), loans granted in foreign currency - 58.7 % (KTZ 5,771.2 billion), liabilities denominated in foreign currency - 57.6 % (KTZ 7,018.9 billion), deposits denominated in foreign currency by 50.2 % (KTZ2,966.4 billion). In the structure of the economy, the share of loans by sectors were: construction - 27.5%, trade - 26.6%, non-production sphere - 23.1%, industry - 14.7%, agriculture - 3.9%, transport - 2.9%; individual activities - 0.6%; connection - 0.8%. The share of highly liquid assets to total assets of banks amounted to 20.5%. For violation of banking legislation in October, banks had been rendered on 6 written prescriptions, 4 letters of commitment and 6 concluded a written agreement. As of December 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). Definition of specialized inter-district economic court of Almaty on November 12, 2009 approved a report on the elimination and liquidation balance sheet of Komirbank OJSC, which came into force on December 1, 2009. At the meeting of the Board of FSA, which was held on November 30, 2009, on the regulation of second-tier banks and banking conglomerates adopted a number of decisions: - On Amending Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on April 30, 2007 # 128 On establishing the rating agencies and the minimum required rating for the bonds, which banks can carry out transactions, as well as the minimum required ranking of countries with government securities which banks can make deals with the implementation of the broker and (or) dealer activities; - On Making Addenda and Amendments to the Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on December 25, 2006 # 296 On Approval of Regulations for classification of assets, contingent liabilities and the establishment of provisions (reserves) against them and making changes in Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on March 26, 2005 # 116 On amending some normative acts of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations; - On Making Addenda and Amendments to the Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on February 23, 2007 # 49 On Approval of Rules of documentation for credit; - On Amending Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on October 2, 2008 # 146 On amendments and additions to the Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions September 30, 2005 # 358 On approval of Instruction on normative values and methods of calculation of prudential norms for second-tier banks; - On Amendments and Additions to the Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Institutions on February 25, 2006 # 55 On establishing the minimum rate for legal entities - residents of the Republic of Kazakhstan, the need for which is required by law Republic of Kazakhstan regulating the activities of financial organizations, list of rating agencies assigning this rating, as well as a modification to Resolution of the Board of the Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Institutions on October 25, 2004 # 304. [2009-12-25]