/IRBIS, March 5, 03/ - Kazakhstan stock exchange (KASE) determined the list of second tier banks - leading operators in stock market of foreign currency in Kazakhstan for February of 2003.

Place of bank in the list is set in accordance with share of deals made by him in combined gross-turnover of trades (sum of purchased and sold currency) on USD, Euro and Russian rouble in trading system of KASE. At this, position of each bank was expressed in total dollar equivalent at the current rate of exchange of each made deal.

Totally in making deals 26 second tier banks were participating at KASE in February. Below the list of ten most active operators in descending order of of their stake in total volume of deals is provided.

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Position in    Position  Brief                                     Share in
  February,  in January  name of                                     trades
       2003        2003  bank                                     volume, %
-----------  ----------  ---------------------------------------  ---------
          1           5  Bank TuranAlem OJSC (Almaty)*                 12.2
          2           3  Alliance Bank OJSC (Almaty)                    8.8
          3           1  DB ABN AMRO Bank Kazakhstan
                         CJSC (Almaty)                                  7.9
          4           2  Halyk Bank of Kazakhstan OJSC (Almaty)*        7.5
          5           6  KAZKOMMERTSBANK OJSC (Almaty)                  6.4
          6           7  CITIBANK KAZAKHSTAN CJSC (Almaty)              4.9
          7          13  Nurbank OJSC                                   4.4
          8           4  Eurasian bank CJSC (Almaty)                    4.3
          9          12  AMB OJSC (Almaty)                              2.7
         10          10  Bank CenterCredit OJSC (Almaty)                2.5
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* market-maker of USD at KASE

Newcomer of "the active ten banks", relative to January of 2003 is Nurbank OJSC (Almaty) and AMB OJSC (Almaty).

In the total turnover of exchange's money-market the share of US dollar equaled in February of the current year to 99.83%.

In January-February of 2003 27 second tier banks took part in trades in foreign currencies at KASE, the following of them have beeen recognized as leading operators: Bank TuranAlem OJSC (11.0% of trades' gross turnover);
DB ABN AMRO Bank Kazakhstan CJSC (10.4%); Alliance Bank OJSC (9.5%); Halyk Bank of Kazakhstan OJSC (8.7%); KAZKOMMERTSBANK OJSC (6.4%).

[2003-03-05]