/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):

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                                   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
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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]