FSA described the banking sector of Kazakhstan as of April 1, 2010 (on provisional data)

/IRBIS, May 25, 2010/ - Agency of the Republic of Kazakhstan on Regulation and Supervision of Financial Market and Financial Organizations (AFS), in its regular technical press release on the state of financial markets and financial institutions of the republic, described the banking sector of Kazakhstan as of May 1, 2010 (preliminary data). According to the FSA as of May 1, 2010 the banking sector of Kazakhstan is 39 second-tier banks. Changing the basic parameters characterizing state of the banking sector of Kazakhstan (in billion KZT) ------------------------------------------------------------------------------- Changes in (%) to ------------ --------- Indicator on May, In a month From the In a year 2010 beginning of year ------------------------------------ -------- ---------- ------------ --------- Total assets 11,938.9 -0.1 +3.3 -13.3 Total estimated Equity * -421.9 +7.0 -53.9 -* Loan portfolio, including: 9,391.7 -0.85 -2.6 -8.0 loans to non-residents of Kazakhstan 1,646.7 -2.4 -8.7 -14.3 doubtful cat 5 and bad 3,331.5 -2.1 -5.3 2.1 times with overdue debt more than 90 days 2,450.8 +3.3 +20.1 2.5 times amount of provisions on loans 3,457.9 -1.2 -4.9 2.1 times Total deposits, including: 7,359.6 +0.8 -5.6 -4.5 legal persons 4,520.3 +0.6 +11.2 +24.5 Subsidiary on special issues 821.0 -0.8 -54.3 -66.8 Individuals 2,018.3 +2.1 +4.2 +25.7 Total liabilities, including 12,445.8 +0.0 -0.7 +0.5 to nonresidents 3,642.8 -1.1 -13.47 -27.2 aggregate amount of income ** 1,388.8 1.2 -80.37 -37.7 Expenditures *** 1,120.6 +89.4 -88.68 -56.0 Retained net income (loss )**** 263.2 -0.1 -** -** ------------------------------------------------------------------------------- * On 01.05.09 the total estimated net worth amounted to KZT1,911.4 billion; ** On 01.01.10 undistributed net loss amounted to KZT2,835.7billion, and on 01.05.09 a loss amounted to KZT317.9 billion. As of May 1, 2010, assets denominated in foreign currencies amounted to 41.9% of total assets (KZT4,999.5 billion), loans issued in foreign currency - 55.8% (KZT5,240,400,000,000), liabilities denominated in foreign currencies - 49.0% (KZT6,094.4 billion), customer deposits denominated in foreign currencies - 37.5% (KZT2,757.2 billion). The structure of credit portfolio of banks share of standard loans amounted to 26.0, suspicious - 44.1%, bad - 29,9% (the proportion of bad loans without regard to banks, which it was decided to restructure the obligations of the loan portfolio amounts to - 9.9%). The share of highly liquid assets to total assets of banks amounted to 22.6%. For violation of banking legislation in April, the banks were issued a written order, 4 Letter of Intent, and 8 written warnings. As of May 1, 2010 during the forced liquidation by a court decision has 2 banks (JSC Currency-Transit Bank JSC and JSC Nauryz Bank of Kazakhstan "). At a meeting of the Board of the FSA, held on April 30, 2010, on the regulation of second-tier banks and banking conglomerates were ordered: - "On amendments and additions to certain regulations of the Agency 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 June 25, 2005 # 224" On approval of the report form on the balances at the balance sheet and off- balance sheet second-tier banks. [2010-05-25]