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

/IRBIS, October 27, 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 October 1, 2010 (preliminary data). According to the FSA as of October 1, 2010 the banking sector of Kazakhstan is 38 second-tier banks. Changing the basic parameters characterizing state of the banking sector of Kazakhstan (in billion KZT) ------------------------------------------------------------------------------- Changes in (%) to ------------ --------- Indicator on Oct, In a month From the In a year 2010 beginning of year ------------------------------------ -------- ---------- ------------ --------- Total assets 11,927.1 -0.3 +3.2 -1.2 Total estimated Equity * 1,777.5 +0.7 - - Loan portfolio, including: 9,258.9 +1.5 -4.0 -8.7 loans to non-residents of Kazakhstan 1,562.2 +1.3 -13.4 -20.1 doubtful cat 5 and bad 3,123.2 +1.0 -11.3 -11.3 with overdue debt more than 90 days 2,391.9 +2.3 +17.2 +34.6 amount of provisions on loans 3,032.0 +0.3 -16.6 -17.8 Total deposits, including: 6,730.7 -2.1 -13.7 -18.5 legal persons 4,593.6 -3.3 +13.0 +10.3 Subsidiary on special issues 25.3 +0.4 - - Individuals 2,137.1 +1.9 +10.3 +14.4 Total liabilities, including 10,697.6 -0.4 -14.7 -18.1 to nonresidents 2,523.5 +1.9 -40.06 -47.9 aggregate amount of income ** 5,144.2 +8.3 -27.28 -6.9 Expenditures *** 3,662.2 +11.8 -62.99 -56.1 Retained net income (loss )**** 1,474.3 +0.3 - - ------------------------------------------------------------------------------- * aggregate estimated equity at 08.01.1910 amounted to (-385.9) million KZT, 01.01.10 - (- 914.2) billion KZT, on 01.10.09 - (-927.8) bln KZT; ** Deposits with subsidiaries specials spec. appointment to 01/01/10 amounted to KZT1,795.5 billion, on 09/01/2009 - KZT2,225.5 bln; *** Undistributed net income on 01.01.10 - loss in KZT2,835.7 billion, on 01/09/2009 loss amounted to KZT2,825.4 bln. As of October 1, 2010, assets denominated in foreign currencies amounted to 39.1% of total assets (4 667.7 billion), loans issued in foreign currency - 53.1% (KZT4,914,800,000,000), liabilities denominated in foreign currency - 44.7% (KZT4,782.9 billion), customer deposits denominated in foreign currency - 37.8% (KZT2,546.8 billion). In the structure of banks' loan portfolio as of October 1 standard loan totaled 26.0%, suspicious - 50.7%, bad - 23.3% (the proportion of bad loans without regard to banks, which was completed restructuring of the loan portfolio is - 10.3%). JSC Alliance Bank has completed the restructuring of the obligations in accordance with the decision of the Agency # 54 dated April 19, 2010 "On Joint-Stock Company "Alliance Bank", to JSC "BTA Bank" - JSC Temirbank have completed the restructuring of the obligations under the Resolution of the Board Agency # 100 dated on July 7, 2010 Joint-Stock Company Temirbank and BTA Bank has completed the restructuring of the obligations in accordance with the decision of the Agency # 116 dated August 31, 2010. However, the structure of the economy, the share of loans by sectors were: construction - 25,9%, trade - 26,2%, non-productive sphere - 24,6%, industry - 15,2%, agriculture - 4,3%; Transportation - 2.6%; individual activities - 0.6% Communications - 0.6%. The share of liquid assets to total assets of banks amounted to 22.5%. For violation of banking laws in September, banks had issued three written warnings, 2 written prescription, and 3 letters of commitment. As of October 1, 2010 in the process of forced liquidation by a court decision has 2 banks (JSC Valyut-Transit Bank and JSC Nauryz Bank of Kazakhstan). [2010-10-27]