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): -------------------------------------------------------------------------------- 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% --------------------------------------------- ---------- ----------- ----------- Authorized capital (paid excluding withdrawn) 5,422,600 9,881,892 +82.2 Shareholders' equity 8,605,430 17,898,110 +108.0 Total assets 130,107,045 219,107,485 +68.4 Liquid assets 37,156,997 64,153,903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 -------------------------------------------------------------------------------- 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]