KASE determined leading operators of the exchange market of foreign currency in July and the first 7 months of current year

/IRBIS, Sergey Yakovlev, August 9, 04/ - Kazakhstan stock exchange (KASE) determined the list of second tier banks - leading operators in stock market of foreign currency in Kazakhstan in July of 2004. Place of bank in the list is set in accordance with the stake of deals made by it in total gross-turnover of trades (total of purchased and sold currency) on USD, Euro and Russian rouble in KASE's trade system. At that, position of each bank was expressed in total tenge equivalent at the current rate of each made deal. A total of 26 second tier banks participated in conducting of deals in February. Below is the list of ten most active of them in descending order of their stake in total volume of deals (all headquartered in Almaty). ----------------------------------------------------------------------- Position in Position in Brief Stake in July, June, name of trades 2004 2004 bank volume, % ----------- ----------- ------------------------------------- --------- 1 1 Halyk savings bank of Kazakhstan JSC* 14.6 2 2 Bank TuranAlem JSC* 11.1 3 3 DB ABN AMRO Bank Kazakhstan CJSC 10.9 4 4 Kazkommertsbank JSC 8.1 5 5 Eurasian bank JSC 7.4 6 8 CITIBANK KAZAKHSTAN CJSC 5.9 7 12 Temirbank JSC 5.2 8 7 NURBANK OJSC 4.9 9 10 Bank CenterCredit OJSC 3.75 10 11 DB Alfa-bank OJSC 3.74 ----------------------------------------------------------------------- * market-maker of USD at KASE No newcomers of "the top ten" banks are: Temirbank JSC and DB Alfa-bank OJSC that replaced Bank Caspian and ATFBank. Below is the list of most active operators of stock exchange's currency market in the first 7 months of 2004. 27 second tier banks participated in conducting of deals at KASE in this period. ------------------------------------------------------- Brief Stake in name of trades Position bank volume, % -------- ------------------------------------ --------- 1 Halyk savings bank of Kazakhstan JSC 13.7 2 Bank TuranAlem JSC 11.4 3 DB ABN AMRO Bank Kazakhstan 9.99 4 Kazkommertsbank JSC 9.95 5 Eurasian bank JSC 6.8 6 NURBANK OJSC 4.1 7 CITIBANK KAZAKHSTAN CJSC 3.623 8 Temirbank JSC 3.620 9 ATFBank JSC 3.5 10 BANK CASPIAN JSC 3.2 ------------------------------------------------------- In July of 2004 the volume of transactions in foreign currencies at KASE reached equivalent of USD 498,943.3 th. or KZT 67,661.8 m. [2004-08-09]