KASE determined leading operators of the foreign exchange market in Kazakhstan for December 2002 and year 2002

30.12.02 00:00
/IRBIS, December 30, 02/ - Kazakhstan Stock Exchange (KASE) defined list of second tier banks - leading operators of the KASE foreign exchange market in December 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, 26 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 Dec in Nov gross volume 2002 2002 Brief title of a bank of trades, % -------- -------- --------------------------------------- ------------ 1 2 Bank TuranAlem OJSC (Almaty)* 20.4 2 1 Halyk bank of Kazakhstan OJSC (Almaty)* 13.2 3 3 ABN AMRO Bank Kazakhstan CJSC (Almaty) 9.3 4 5 Alliance Bank OJSC (Almaty) 7.4 5 7 Eurasian bank CJSC (Almaty) 6.5 6 4 KAZKOMMERTSBANK OJSC (Almaty) 4.9 7 15 CITIBANK KAZAKHSTAN CJSC (Almaty) 4.3 8 10 Bank CenterCredit CJSC (Almaty) 3.7 9 11 TEMIRBANK OJSC (Almaty) 3.4 10 12 DB ALFA-BANK OJSC (Almaty) 2.8 ------------------------------------------------------------------------- * - market-maker of U.S. dollar at KASE New banks in the list relative to November - CITIBANK KAZAKHSTAN CJSC, TEMIRBANK OJSC and DB ALFA-BANK OJSC. The proportion of the U.S. dollar in total turnover of the Exchange's currency market equaled 99.97% in December of this year. In 2002 a total of 27 second tier banks participated in making deals in foreign currency at KASE. Following are 10 the most active of them. ---------------------------------------------------------------------------- Position Position Brief title of Share in gross in 2002 in 2001 bank volume of trades, % -------- -------- ----------------------------------- ------------------- 1 1 Bank TuranAlem OJSC 14.0 2 4 Halyk bank of Kazakhstan OJSC 13.6 3 5 ABN AMRO Bank Kazakhstan CJSC 11.2 4 7 Alliance Bank OJSC 7.4 5 3 CITIBANK KAZAKHSTAN CJSC 6.9 6 2 KAZKOMMERTSBANK OJSC 5.2 7 6 Eurasian bank CJSC 4.3 8 12 DB BANK OF CHINA IN KAZAKHSTAN OJSC 3.7 9 8 TEMIRBANK OJSC 3.6 10 9 Almaty Merchant Bank OJSC 2.6 ---------------------------------------------------------------------------- [2002-12-30]