Results of activity of Bank CenterCredit OJSC (Kazakhstan) for the I half-year of 2003

/KASE, July 30, 03/ - Bank CenterCredit OJSC (Almaty), whose securities are circulating in Kazakhstan stock exchange's official "A" listing category, provided KASE with the financial statement for the I half-year of 2003. The following indexes are results of the bank's financial and economic activity for the I half-year of 2003, based upon the bank's information (in th. KZT, unless otherwise specified): -------------------------------------------------------------- As of As of Indicator July 1, 02 July 1, 03 Change,% ---------------------------- ---------- ---------- -------- Authorized capital (paid) 2,536,189 4,154,851 +63.8 Shareholders' equity 3,293,414 5,879,469 +78.5 Total assets 41,759,406 66,149,868 +58.4 Liquid assets 10,522,681 17,757,899 +68.8 Credits granted (net) 27,264,000 43,331,196 +58.9 Total liabilities 38,465,992 60,270,399 +56.7 Deposits placed in the bank 29,622,057 48,146,728 +62.5 Attracted credits 6,242,372 8,582,365 +37.5 Issued bonds 1,771,782 2,170,440 +22.5 Total revenues 3,264,501 4,916,941 +50.6 General expenses 3,110,799 4,454,164 +43.2 Net income for the period 153,702 462,777 +201.1 Book value of one share, KZT 259.71 283.02 +9.0 -------------------------------------------------------------- Relative to similar period of 2002 there is increase of: - shareholders' equity of the bank (according to balance sheet) - by KZT2.6 bn as the result of increase of the paid authorized capital by KZT1.6 bn (partial floatation of shares of the 4th issue), total sum of net income (previous years and reporting period) - by 440.3 m, and savings in funds and reserves - by 527.1 m; - assets - by KZT24.4 bn, including: net-volume of loan portfolio - by 16.1 bn, sums on correspondent accounts - by 2.6 bn, securities in the bank's portfolio - by 3.4 bn, cash - by 1.2 bn. and other assets - by 1.1 bn; - liabilities - by KZT21.8 bn, of them: placed in the bank deposits - by 18.5 bn, attracted credits - by 2.3 bn, floated bonds - by 398.7 m and other liabilities - by 541.1 m; - total revenues - by KZT1.7 bn (including on loan operations - by 1.0 bn); - expenses - by KZT1.3 bn. Net income, which Bank CenterCredit OJSC received in the I half-year of 2003, exceeded the net income of similar period of 2002 by KZT309.1 m. [2003-07-30]