AFS characterized the banking sector of Kazakhstan as at January 1, 2010 (on preliminary data)

/IRBIS, January 26, 10/ - 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 January 1, 2010. As at January 1, 2010, according to AFS, the banking sector of the republic was represented by 38 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 01.01. 10 for a month 2009 --------------------------------- --------- ----------- --------- Joint assets 11,555.70 -0.03 -2.9 Joint rated shareholders equity* -914.20 -12.0 - Loan portfolio 9,643.20 -2.0 +4.4 Loans for RK nonresidents 1,803.30 -3.1 +17.3 Doubtful of 5th category 3,519.60 and hopeless -1.1 4.7,times Overdue debt more than 2,040.30 90 days +0.9 4.3,times provision volume on loans 3,635.30 -2.5 3.6,times Total sum of deposits incl.: 7,799.40 -6.0 +13.5 Legal entities 4,066.50 +0.3 -24.3 subsidiaries 1,795.50 -9.5 -11.6 individuals 1,937.40 +4.7 +29.1 The joint liabilities 12,535.60 -0.8 +20.1 Before nonresidents 4,209.70 -4.6 -10.19 The joint sum of revenues 7,074.20 +8.2 2.4,times The sum of charges 9,896.10 +4.7 3.4,times Undistributed net income (loss)** -2,835.70 -2.9 - ----------------------------------------------------------------- * on 01.01.09 Joint rated shareholders equity made KTZ 1, 953.9 billion; ** on 01.01.09 the net profit made KTZ 15.4 billion; As of 1st of January, 2009 assets denominated in foreign currencies amounted to 46.6% of total assets (KTZ 5,384.6 billion), loans granted in foreign currency - 57.2 % (KTZ 5,516.6 billion), liabilities denominated in foreign currency - 53.8% (KTZ6,747.4 billion), deposits denominated in foreign currency by 47.7% ( KTZ2,863.5 billion). In the structure of the economy, the share of loans by sectors were: construction - 26.7%, trade - 26.6%, non-production sphere - 23.7%, industry - 14.6%, agriculture - 4.1%, transport - 2.9%; individual activities - 0.7%; connection - 0.7%. The share of highly liquid assets to total assets of banks amounted to 19.2%. For violation of banking legislation in December, banks were delivered on 2 prescriptions written 5 letters of commitment, 4 written warnings and signed a written agreement 1. As of January 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). On board meeting АФН, taken place on December, 29th, 2009, concerning regulation of activity of banks of the second level and bank conglomerates a number of decisions has been accepted: - "About modification and additions in the decision of Board of Agency of Republic Kazakhstan on regulation and supervision of the financial market and the financial organizations from September, 30th, 2005 # 359" About the Instruction statement about requirements to presence of control systems by risks and the internal control in banks of the second level and modification of the decision of Board of Agency of Republic Kazakhstan on regulation and supervision of the financial market and the financial organizations from March, 26th, 2005 # 116 "About modification of some standard legal certificates of Republic Kazakhstan concerning regulation and supervision of the financial market and the financial organizations"; - "About entering of additions into the decision of Board of Agency of Republic Kazakhstan on regulation and supervision of the financial market and the financial organizations from September, 2nd, 2008 # 140" About the minimum sizes of authorized and own capitals of banks of the second level "; - "About entering of additions and changes into the decision of Board of Agency of Republic Kazakhstan on regulation and supervision of the financial market and the financial organizations from June, 17th, 2006 # 136" About the statement of Rules of representation of the reporting about performance prudential specifications banks of the second level ". [2010-01-26]