Results of Bank CenterCredit OJSC (Kazakhstan) in I quarter of 2000

/KASE, Aug.11, 00/ - Bank CenterCredit OJSC (Almaty, official list of securities, category "A") in accordance with the listing requirements provided Kazakhstan Stock Exchange (KASE) with its financial statements for I quarter of 2000: balance sheet and income statement. Following are the results of the issuer for in the I quarter of 2000 (in th. KZT): --------------------------------------------------------------- As of As of Change, Indicator July 1, 99 July1, 00 % --------------------------------------------------------------- Authorized capital (announced) 1,063,339 2,063,339 +94.0 Authorized capital (paid) 1,063,339 1,279,518 +20.3 Shareholders' equity 1,325,206 1,634,130 +23.3 Total assets 11,790,007 15,569,835 +32.1 Liquid assets 1,763,955 4,295,199 +143.5 Loans and deposits 9,511,237 13,319,145 +40.0 Loans granted 7,311,854 10,162,451 +39.0 Operating income 816,052 2,389,277 +192.8 General expenses 734,971 2,291,744 +211.8 Net income of the period 81,081 97,533 +20.3 Book value of one share, tenge 249.25 255.43 +2.5 --------------------------------------------------------------- Compared to similar period of 1999 growth took place in: - shareholders' equity of the bank grew by KZT308.9 mln, or 23.3% (paid up part of authorized capital - by KZT216.2 mln, accumulations in funds and reserves - by KZT19.7 mln, the total amount of undistributed income - by KZT73.1 mln); - assets - by KZT3.8 bln, or 32.1%; - liabilities - by KZT3.5 bln, or 33.2% (KZT4.4 bln - growth in deposits); - operating income - by KZT1.6 bln, or 193%; - expenses - by KZT1.6 bln, or 211.8%. Net income of the Bank CenterCredit OJSC in I quarter of 2000 equaled KZT97.5 mln, or by 16.5 mln or 20.3% more than in similar period of 1999.