Net profit of "BankCenterCredit" JCS decreased 41.0% during the first quarter of 2011

/IRBIS, May 19, 2011/ - "BankCenterCredit" JCS (Almaty, hereinafter referred to as Bank), whose stocks are included into KASE official list, has provided KASE with its consolidated financial accounting for the first quarter of 2011. According to the accounting, net profit for the quarter ended March 31, 2011 decreased by 41.0% and amounted to 1.152 bln, compared to the same period of 2010 (1.952 billion). The operating income for the period decreased by 21.3% and amounted to 6.995 bln, compared with 8.891 bln a year earlier. Operating expenses increased by 9.3% and amounted to 6.002 bln. The bank's assets as at 31 March 2011 amounted to 1,190.884 billion tenge, or 2.7% less than on March 31, 2010 - 1,224.558 billion. The bank's liabilities decreased by 3.2% and amounted to 1,103.709 bln, compared with 1,139.777 bln a year earlier. [2011-05-19]