KASE determined leading operators of the exchange's currency market in December and in 2004

05.01.05 11:08
/IRBIS, Sergey Yakovlev, January 5, 05/ - Kazakhstan stock exchange (KASE) has determined list of second tier banks - leading operators of the exchange's foreign currency market in Kazakhstan in December of 2004. Bank's position in the list is given according to the stake of deals made by it in total gross turnover of trades (total of purchased and sold foreign currency) in US dollar, euro and Russian ruble in KASE's trade system. At that, position of each bank was expressed in total tenge equivalent at the current rate of each concluded transaction. A total of 25 second tier banks participated in making of deals at KASE. Below is the list of ten most active of them, given in descending order of their stakes in total deals volume (all headquarters are in Almaty). ---------------------------------------------------------------------- Position in Position in Brief Stake in December November name trade 2004 2004 of bank volume, % ----------- ----------- --------------------------------- --------- 1 2 Halyk saving bank Kazakhstan JSC* 20.0 2 1 Bank TuranAlem JSC* 11.9 3 3 DB ABN AMRO Bank Kazakhstan CJSC 8.0 4 4 Kazkommertsbank JSC 7.7 5 5 Eurasian bank JSC 4.1 6 10 BANK CASPIAN JSC 3.8 7 8 Nurbank JSC 3.1 8 6 CITIBANK KAZAKHSTAN CJSC 3.0 9 9 ATFBank JSC 2.0 10 14 Bank CenterCredit JSC 1.6 ---------------------------------------------------------------------- * market-maker on US dollar at KASE Newcomer of the "active ten" relative to November of 2004 is Bank CenterCredit JSC, which has substituted Alliance Bank JSC (Almaty, the 7th position in November). Below is table of active operators of exchange currency market in 2004. A total of 28 second tier banks participated in making of deals in this period. -------------------------------------------------------- Posi- Brief name of Stake in tion bank trade volume, % ----- -------------------------------- --------------- 1 Halyk saving bank Kazakhstan JSC 16.0 2 Bank TuranAlem JSC 13.3 3 DB ABN AMRO Bank Kazakhstan CJSC 8.9 4 Kazkommertsbank JSC 8.3 5 Eurasian bank JSC 5.7 6 Nurbank JSC 3.87 7 CITIBANK KAZAKHSTAN CJSC 3.80 8 ATFBank JSC 2.8 9 BANK CASPIAN JSC 2.7 10 Temirbank JSC 2.5 -------------------------------------------------------- [2005-01-05]