/KASE, June 25, 2020/ – AsiaCredit Bank (Almaty), whose securities are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the bank's consolidated financial statement for 2019.

According to audited data as at December 31, 2019 (in th. KZT, unless otherwise specified):

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                                            as at         as at 
Indicator                            Dec. 31, 2019 Dec. 31, 2018
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Equity                                  18,243,859    23,465,549
Total assets                            68,615,365   118,101,272
Total liabilities                       50,371,506    94,635,723
Net income (net loss)                   -5,940,246      -817,179
Book value of an ordinary share, KZT      1,055.08      1,357.86
ROA, %                                       -8.66         -0.69
ROE, %                                      -32.56         -3.48
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The bank's financial statements for 2019 were audited by BDO Kazakhstan. According to the auditor's opinion, which contains a qualified opinion, the consolidated financial statements present fairly, in all material respects, the financial position of AsiaCredit Bank and its subsidiary as at December 31, 2019, and their financial results and cash flows for the year ended as of the specified date in accordance with the IFRS.

The report is available on KASE website (in Russian) at – see more

[2020-06-25]