KASE determined leading operators of the exchange's currency market in March and in first three months of 2005

/IRBIS, Sergey Yakovlev, April 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 March 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 February February name trade 2005 2005 of bank volume, % ----------- ----------- --------------------------------- --------- 1 2 DB ABN AMRO Bank Kazakhstan CJSC 14.1 2 1 Halyk saving bank Kazakhstan JSC* 14.0 3 3 Bank TuranAlem JSC* 8.7 4 5 Kazkommertsbank JSC 8.4 5 4 Eurasian bank JSC 7.2 6 6 CITIBANK KAZAKHSTAN CJSC 5.5 7 8 Nurbank JSC 5.2 8 10 Bank CenterCredit JSC 4.5 9 12 BANK CASPIAN JSC 3.5 10 11 Alliance Bank JSC 3.3 ---------------------------------------------------------------------- * market-maker on US dollar at KASE Newcomers of the "top ten" relative to February of 2005 are Bank Caspian JSC and Alliance Bank JSC that substituted ATFBank JSC (Almaty, the 7th position in February) and HSBC Bank Kazakhstan JSC (Almaty, 9th position in February). Below is table of active operators of exchange currency market for the first three months of 2005. A total of 26 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 15.1 2 DB ABN AMRO Bank Kazakhstan CJSC 13.4 3 Bank TuranAlem JSC 9.3 4 Kazkommertsbank JSC 7.2 5 Eurasian bank JSC 6.5 6 CITIBANK KAZAKHSTAN CJSC 6.2 7 Nurbank JSC 4.8 8 Bank CenterCredit JSC 4.2 9 BANK CASPIAN JSC 3.6 10 Alliance Bank JSC 3.1 -------------------------------------------------------- [2005-04-01]