/KASE, May 6, 2019/ – ForteBank (Nur-Sultan), whose securities are officially
listed on the Kazakhstan Stock Exchange (KASE), provided KASE with auditor's
report on the company's consolidated financial statement for 2018.
According to audited data as at December 31, 2018
(in thous. KZT, unless otherwise specified):
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as at as at
Indicator Dec. 31, 2018 Dec. 31, 2017
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Equity 200,639 194,201
Total assets 1,688,723 1,444,640
Total liabilities 1,488,084 1,250,439
Net income (net loss) 29,108 19,751
Book value of one ordinary share, KZT 2.14 2.08
ROA, % 1.72 1.37
ROE, % 14.51 10.17
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The company's financial statements for 2018 were audited by Ernst & Young LLP.
According to the auditor’s report, the consolidated financial statements present
fairly, in all material respects, the consolidated financial position of ForteBank
and its subsidiaries as at December 31, 2018 and its consolidated financial
results and consolidated cash flows for the year then ended in accordance with
IFRS.
The report is available on KASE website (in Russian) at
http://kase.kz/files/emitters/ASBN/asbnf6_2018_cons_rus.pdf
[2019-05-06]