KASE determined leading operators of the exchange's currency market in Janaury 2005

/IRBIS, Sergey Yakovlev, February 1, 05/ - Kazakhstan stock exchange (KASE) has determined list of second tier banks - leading operators of the exchange's foreign currency market in Kazakhstan in January of 2005. 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 26 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 January December name trade 2005 2004 of bank volume, % ----------- ----------- --------------------------------- --------- 1 1 Halyk saving bank Kazakhstan JSC* 15.6 2 3 DB ABN AMRO Bank Kazakhstan CJSC 12.9 3 2 Bank TuranAlem JSC* 9.0 4 8 CITIBANK KAZAKHSTAN CJSC 6.1 5 4 Kazkommertsbank JSC 5.4 6 6 BANK CASPIAN JSC 4.8 7 10 Bank CenterCredit JSC 4.6 8 5 Eurasian bank JSC 4.5 9 7 Nurbank JSC 3.9 10 1 DB HSBC Bnka Kazakhstan JSC 3.2 ---------------------------------------------------------------------- * market-maker on US dollar at KASE Newcomer of the "active ten" relative to December of 2004 is DB HSBC Bank Kazakhstan JSC, which has replaced ATFBank JSC (Almaty, the 9th position in January). [2005-02-01]