/KASE, April 16, 2021/ – ForteBank (Nur-Sultan), whose securities are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an
auditor's report on the bank's consolidated financial statements for 2020.
According to the audited data as of December 31, 2020
(in mln tenge, if not specified otherwise):
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as of as of
Indicator 31.12.20 31.12.19
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Equity 263,331 228,952
Total assets 2,089,264 2,069,970
Total liabilities 1,825,933 1,841,018
Net income (net loss) 52,962 42,233
Book value of one ordinary share, tenge 2.83 2.45
ROA, % 2.53 2.04
ROE, % 20.11 18.45
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The audit of the bank's financial statements for 2020 was conducted by Ernst &
Young LLP. According to the auditor's report, the consolidated financial
statements reliably reflect, in all material respects, the consolidated
financial position of ForteBank JSC and its subsidiaries as of December 31,
2020, as well as their consolidated financial results and consolidated cash
flows for the year ended as of that date, in accordance with IFRS.
The report is available on KASE website at
https://kase.kz/files/emitters/ASBN/asbnf6_2020_cons_rus.pdf
[2021-04-16]