KASE defined leading operators of the foreign exchange market for March 2002

/IRBIS, Apr 1, 02/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market in Kazakhstan for March 2002. 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, 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 banks of second tier participated in trades on KASE. Below is the list of 10 the most active operators given in descending order. --------------------------------------------------------------------------- Position Position Share in in Mar in Feb trades 2002 2001 Brief title of a bank volume, % -------- -------- -------------------------------------------- --------- 1 2 Halyk Bank of Kazakhstan OJSC (Almaty) 12.3 2 4 Bank TuranAlem OJSC (Almaty)* 12.2 3 3 CITIBANK KAZAKHSTAN CJSC (Almaty) 9.5 4 1 SB ABN AMRO Bank Kazakhstan CJSC (Almaty) 9.2 5 7 Eurasian CJSC (Almaty) 6.2 6 6 Temirbank OJSC (Almaty) 5.7 7 5 Irtyshbusinessbank OJSC (Pavlodar) 5.0 8 14 Bank CenterCredit OJSC (Almaty) 4.2 9 9 NURBANK OJSC (Atyrau) 3.9 10 8 SB BANK OF CHINA IN KAZAKHSTAN OJSC (Almaty) 3.8 --------------------------------------------------------------------------- * - market-maker of U.S. dollar at KASE Newcomer of the "active ten" relative to February 2002 is Bank CenterCredit OJSC that replaced from the list AMB OJSC (Almaty, 10th position of February). The proportion of the U.S. dollar in total turnover of the Exchange's currency market equaled 99.8% in March of current year. Following is analogous table of the activity of the exchange currency market operators in the first quarter of 2002. In total, 25 banks of second tier participated in trades on KASE during this period. ----------------------------------------------------------- Position in the first Share in quarter of trades 2002 Brief title of a bank volume, % ----------- ----------------------------------- --------- 1 SB ABN AMRO Bank Kazakhstan CJSC 11.9 2 Bank TuranAlem OJSC 11.2 3 Halyk Bank of Kazakhstan OJSC 10.9 4 CITIBANK KAZAKHSTAN CJSC 9.3 5 Irtyshbusinessbank OJSC 6.6 6 Eurasian CJSC 5.2 7 Temirbank OJSC 5.0 8 SB BANK OF CHINA IN KAZAKHSTAN OJSC 4.3 9 NURBANK OJSC 2.92 10 Bank CenterCredit OJSC 2.91 ----------------------------------------------------------- [2002-04-01]