KASE defined leading operators of the foreign exchange market in Kazakhstan for October 2001
/IRBIS, Oct 31, 01/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market in October 2001.
The rating is made according to portion of concluded deals in aggregate gross turnover of trades (total of purchased and sold currencies) in US dollar, Deutsche mark, Euro and Russian rouble in the KASE trade system. The position of each bank was expressed by total dollar equivalent at the current rate of each concluded deal.
In total, 24 second-tier banks participated in trades on KASE. Below is the list of 10 the most active operators given in descending order.
------------------------------------------------------------------------
Position Position Share in
in Oct in Sept gross volume
2001 2001 Brief title of a bank of trades, %
-------- -------- ----------------------------------------- ------------
1 3 Bank TuranAlem OJSC (Almaty)* 16.1
2 2 Halyk bank of Kazakhstan OJSC (Almaty) 9.7
3 5 KAZKOMMERTSBANK OJSC (Almaty) 9.5
4 1 ABN AMRO Bank Kazakhstan CJSC 9.4
5 4 CITIBANK KAZAKHSTAN CJSC (Almaty) 7.4
6 6 Irtyshbusinessbank OJSC (Pavlodar) 5.6
7 8 Temirbank OJSC (Almaty) 5.5
8 14 BANK OF CHINA IN KAZAKHSTAN OJSC (Almaty) 4.2
9 10 Alfa-bank OJSC (Almaty) 2.7
10 15 AMB OJSC (Almaty) 2.5
------------------------------------------------------------------------
* - market-maker of dollar at KASE
New banks in the list - BANK OF CHINA IN KAZAKHSTAN OJSC and AMB OJSC which moved away NURBANK OJSC (Almaty, 11th position) and Eurasian bank CJSC (Almaty, 12th position).
The proportion of the U.S. dollar in total turnover of the Exchange's currency market equaled 99.9% in October of this year.
In 9 months of 2001 a total of 28 second tier banks participated in making deals in foreign currency at KASE. Following are 10 the most active of them.
----------------------------------------------------------------------------
Position Position Share in gross
Jan-Oct Jan-Oct Brief title of volume of trades, %
2001 2000 bank
-------- -------- -------------------------------------- -------------------
1 1 Bank TuranAlem OJSC (Almaty) 17.2
2 8 KAZKOMMERTSBANK OJSC (Almaty) 8.8
3 4 CITYBANK KAZAKHSTAN CJSC (Almaty) 8.2
4 3 Halyk Bank of Kazakhstan OJSC 7.4
5 6 Eurasian bank (Almaty) 4.8
6 10 Temirbank OJSC (Almaty) 4.6
7 5 AMB CJSC (Almaty) 4.5
8 12 Irtyshbusinessbank OJSC(Pavlodar) 3.9
9 7 NURBANK (Almaty) 3.4
10 21 ABN AMRO Bank Kazakhstan CJSC (Almaty) 2.9
----------------------------------------------------------------------------