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23.05.2024 16:34 #Corporate events

Auditor's report on financial statements of Subsidiary Organization VTB Bank (Kazakhstan) for 2023 published

/KASE, May 23, 2024/ – Subsidiary Organization VTB Bank (Kazakhstan) JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an auditor's report on the company's financial statement for 2023.

According to the audited data as at December 31, 2023 (in th. KZT, unless otherwise specified):

---------------------------------------------------------------
                                           as at         as at 
Indicator                           Dec. 31, 2023 Dec. 31, 2022
----------------------------------- ------------- -------------
Equity                                 65,350,970    44,924,908
Total assets                          226,131,025   192,889,245
Total liabilities                     160,780,055   147,964,337
Net income (net loss)                  20,426,062    33,615,839
Book value of ordinary share, tenge       8,126.0       5,421.9
ROA, %                                       9.03         17.43
ROE, %                                      31.26         74.83
---------------------------------------------------------------

The bank's financial statements for 2023 were audited by Russell Bedford A+ Partners LLP. According to the auditor's report, the financial statements present fairly, in all material respects, the financial position of Subsidiary Organization VTB Bank (Kazakhstan) as at December 31, 2023 and its financial results and cash flows for the year ended as of the specified date in accordance with IFRS.

The report is available on KASE website – see more

[2024-05-23]