/KASE, May 14, 2020/ – 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 2019.
According to audited data as at December 31, 2019
(in mln KZT, unless otherwise specified):
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as at as at
Indicator Dec. 31, 2019 Dec. 31, 2018
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Equity 228,952 200,639
Total assets 2,069,970 1,688,723
Total liabilities 1,841,018 1,488,084
Net profit (net loss) 42,233 29,108
Book value of one ordinary share, KZT 2.45 2.14
ROA, % 2.04 1.72
ROE, % 18.45 14.51
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The company's financial statements for 2019 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 subsidiariesf as at December 31, 2019 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
https://kase.kz/files/emitters/ASBN/asbnf6_2019_cons_rus.pdf
[2020-05-14]