Subsidiary Organization VTB Bank (Kazakhstan) announces financial results for first half-year of 2015

15.07.15 17:59
/KASE, July 15, 15/ – Subsidiary Organization VTB Bank JSC (Kazakhstan) (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote For the first half of 2015 Subsidiary VTB Bank (Kazakhstan) JSC increased the amount of funds on accounts and customers' deposits by 26.9% compared to the beginning of the year, and reached the level of 125 259 million tenge. The Bank's assets increased by 5.9% - up to 162 112 million tenge. Key financial and operating indicators for 1-st half year of 2015 (as of 01.07.2015): - Liabilities increased by 8.2% - up to 1460 25 million tenge; - The Bank's credit portfolio, taking into account the provisions as of July 1, 2015, amounted to 93 346 million tenge; - Net interest income before creation of reserves for 1-st half year of 2015 amounted to 4 021 million tenge; - Net fee income for 1-st half year of 2015 reached 1 076 million tenge; - The Bank's net losses for 1-st half year of 2015 amounted to 1 289 million tenge; The quality of the loan portfolio of VTB Bank (Kazakhstan) is at a good level. The Bank continues to invest in infrastructure and IT-systems development and product line expansion. In the second half of the year VTB Bank (Kazakhstan) will continue its dynamic development as a universal bank. For additional comments you can always contact the press-service: Tatyana Shevchenko Subsidiary VTB Bank (Kazakhstan) JSC Tel: 8 (727) 330 41 90 ext. 4190 Mobile +7 707 702 45 92 E-mail: T.Shevchenko@vtb-bank.kz web: www.vtb-bank.kz unquote [2015-07-15]