Results of activity of Bank CenterCredit OJSC (Kazakhstan) for the 9 months of 2003

/IRBIS, November 19, 03/ - Bank CenterCredit OJSC (Almaty), whose bonds are circulating in Kazakhstan stock exchange's official "A" listing category, provided KASE with the financial statements for the 9 months of 2003. The following indicators are results of the bank's financial and economic activity for the 9 months of 2003, based upon the bank's information (in th. KZT, unless otherwise specified): -------------------------------------------------------------- As of As of Indicator Oct 1, 02 Oct 1, 03 Change,% ---------------------------- ---------- ---------- -------- Authorized capital (paid) 2,934,370 4,450,873 +51.7 Shareholders' equity 4,000,551 6,396,472 +59.9 Total assets 45,174,935 75,422,664 +67.0 Liquid assets 10,931,514 21,594,857 +97.5 Credits granted (net) 30,138,993 48,457,735 +60.8 Total liabilities 41,174,384 69,026,192 +67.6 Deposits placed in the bank 31,653,410 51,778,179 +63.6 Attracted credits 6,828,213 11,811,969 +73.0 Issued bonds 1,910,362 4,310,668 +125.6 Total revenues 5,217,357 7,602,124 +45.7 General expenses 4,754,690 6,918,344 +45.5 Net income for the period 462,667 683,780 +47.8 Book value of one share, KZT 272.67 287.43 +5.4 -------------------------------------------------------------- Relative to similar period of 2002 there is increase of: - shareholders' equity of the bank (according to balance sheet) - by 2.4 bn as the result of increase of paid part of authorized capital by 1.5 bn (partial placement of share of 4th emission ), savings in funds and reserves - by 527.8 m, and final sum of net income - by 351.6 m; - assets - by KZT30.2 bn, including: net-volume of loan portfolio - by 18.3 bn, sums on correspondent accounts - by 4.8 bn, securities in the bank's portfolio - by 5.1 bn, cash - 732.6 m and other assets - by 1.3 bn; - liabilities - by KZT27.8 bn, of them: deposits placed with the bank - by 20.1 bn, loans attracted - 5.0 bn, issued bonds - by 2.4 bn and other liabilities - by 343.0 m; - total revenues - by KZT2.4 bn (including from loan operations - by 1.5 m); - expenses - by 2.2 bn (attracted deposits - by 679.1 m). Net income earned by Bank CenterCredit OJSC in the 9 months of 2003, increased in comparison with similar period of 2002 by KZT221.1 m. [2003-11-19]