/KASE, August 1, 03/ - Nurbank OJSC (Almaty), whose bonds 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 indicators 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):

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                                   As of       As of
Indicator                     July 1, 02  July 1, 03  Change,%
----------------------------  ----------  ----------  --------
Authorized capital (paid)      2,711,378   3,000,000     +10.6
Shareholders' equity           5,227,864   6,825,833     +30.6
Total assets                  24,352,822  40,226,716     +65.2
Liquid assets                  8,649,634  16,337,268     +88.9
Credits granted (net)         13,153,138  21,219,714     +61.3
Total liabilities             19,124,958  33,400,883     +74.6
Deposits placed in the bank   17,594,287  23,833,843     +35.5
Attracted credits                658,295   3,309,247    +402.7
Issued bonds                           -   1,444,879         -
Total revenues                 2,321,547   4,093,667     +76.3
General expenses               1,662,921   2,885,058     +73.5
Net income for the period        658,626   1,208,609     +83.5
Book value of one share, KZT   19,281.05   22,752.78     +18.0
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Relative to similar period of 2001 there is increase of:

• shareholders' equity of the bank (according to balance) - by KZT1.6 bn as the result of increase of paid part of authorized capital by 288.6 m, savings in funds and reserves - by KZT766.2 m, and total sum of undistributed income - by 543.2 m;
• assets - by KZT15.9 bn, including: net-volume of loan portfolio - by 7.1 bn, sums on correspondent accounts - by 4.4 bn, securities in the bank's portfolio - by 3.1 bn, and other assets - by 258.5 m;
• liabilities - by KZT14.3 bn, of them: deposits placed in the bank - by 6.2 bn, attracted loans - by 2.6 bn, other liabilities - by 3.9 bn, and liabilities on bonds - by 1.4 bn;
• total revenues - by KZT1.8 bn;
• expenses - by KZT1.2 bn.

Net income, which Nurbank OJSC received for the I half-year of 2003, increased in comparison with similar period of 2002 by KZT550.0 m.

[2003-08-01]