Results of activity of Halyk Bank of Kazakhstan OJSC (Kazakhstan) for the I quarter of 2003
05.06.03 00:00
/KASE, June 5, 03/ - Halyk Bank of Kazakhstan OJSC (Almaty), whose
securities are circulating in the stock exchange's official "А" listing
category, provided KASE with financial statement for the I quarter of 2003.
Following indexes are result of the bank's financial and economic activity for
the I quarter of 2003, based on the bank's data (in th. KZT, unless otherwise
specified):
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as of as of Increase /
Index Apr 1, 02 Apr 1, 03 decrease, %
--------------------------------------------- ---------- ----------- -----------
Authorized capital (paid excluding withdrawn) 5,422,600 9,881,892 +82.2
Shareholders' equity 8,605,430 17,898,110 +108.0
Total assets 130,107,045 219,107,485 +68.4
Liquid assets 37,156,997 64,153,903 +72.7
Credits to clients (net) 79,028,674 137,344,807 +73.8
Liabilities, total 121,501,615 201,209,375 +65.6
Deposits placed in bank 99,962,428 149,906,739 +50.0
Attracted credits 13,338,452 38,794,761 +190.8
Issued bonds 2,435,200 4,474,763 +83.8
Total revenues 5,675,648 9,368,885 +65.1
General expenses 5,123,866 8,099,446 +58.1
Net income for the period 551,782 1,142,069 +107.0
Book value of one share, KZT 158.70 181.12 +14.1
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Relative to similar period of 2002 there is increase of:
- the bank's shareholders' equity - by KZT9.3 bn. (2 times) as the result of
increase of paid part of authorized capital (floatation of shares of the 6th
and the 7th issues) by 4.5 bn., additional capital - by 1.2 bn., total sum of
undistributed income (previous years and reporting period) - by 3.2 bn. and
reserves - by 413.5 m.;
- assets - by KZT89.0 bn., of them: net volume of loan portfolio - by 58.3 bn.,
sums on correspondent accounts - by 6.1 bn., securities in the bank's
portfolio - by 23.6 bn. and other assets - by 1.0 bn;
- liabilities - by KZT79.7 bn., including: deposit of clients - by 49.9 bn.,
borrowed loans (including repo transactions) - by 25.5 bn., offered bonds -
by 2.0 bn., and other liabilities - by 2.3 bn.;
- revenues - by KZT3.7 bn, that had been caused by growth of revenues on loan
operations by 1.4 bn. and non-interest revenues - by 2.1 bn.;
- expenses - by KZT3.0 bn., in which 2.3 bn. - increase of assignments on
reserves (provisions).
Net income, which Halyk Bank of Kazakhstan OJSC received in the I quarter of
2003 increased in comparison with similar period of 2001 by KZT590.3 m. or 2
times.
[2003-06-05]