KASE defined leading operators of the foreign exchange market in Kazakhstan for December 2001 and year 2001
/IRBIS, Dec 29, 01/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market in December 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, 25 banks participated in trades on KASE. Below is the list of 10 the most active operators given in descending order.
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Position Position Share in
in Dec in Nov gross volume
2001 2001 Brief title of a bank of trades, %
-------- -------- -------------------------------------- ------------
1 1 Bank TuranAlem OJSC (Almaty)* 16.0
2 4 KAZKOMMERTSBANK OJSC (Almaty) 8.5
3 2 ABN AMRO Bank Kazakhstan CJSC (Almaty) 7.2
4 6 Irtyshbusinessbank OJSC (Pavlodar) 6.0
5 7 Halyk bank of Kazakhstan OJSC (Almaty) 5.8
6 3 CITIBANK KAZAKHSTAN CJSC (Almaty) 4.1
7 11 NURBANK OJSC (Atyrau) 3.8
8 5 BANK OF CHINA IN KAZAKHSTAN OJSC 3.5
(Almaty)
9 9 Temirbank OJSC (Almaty) 3.3
10 12 Bank CenterCredit CJSC (Almaty) 3.0
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* - market-maker of U.S. dollar at KASE
New banks in the list - NURBANK OJSC (Atyrau) and Bank CenterCredit OJSC.
The proportion of the U.S. dollar in total turnover of the Exchange's currency market equaled 99.9% in December of this year.
In 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.
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Position Position Brief title of Share in gross
in 2001 in 2000 bank volume of trades, %
-------- -------- -------------------------------------- -------------------
1 1 Bank TuranAlem OJSC (Almaty) 17.1
2 8 KAZKOMMERTSBANK OJSC (Almaty) 8.8
3 4 CITIBANK KAZAKHSTAN CJSC (Almaty) 7.8
4 3 Halyk Bank of Kazakhstan OJSC 7.0
5 22 ABN AMRO Bank Kazakhstan CJSC (Almaty) 4.43
6 6 Eurasian bank (Almaty) 4.39
7 12 Irtyshbusinessbank OJSC(Pavlodar) 4.32
8 9 Temirbank OJSC (Almaty) 4.29
9 5 AMB CJSC (Almaty) 3.9
10 7 NURBANK (Almaty) 3.4
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