KASE determined leading operators of the exchange's currency market in April and in the first 4 months of 2005

/IRBIS, Sergey Yakovlev, May 4, 05/ - Kazakhstan stock exchange (KASE) has determined the list of second tier banks - leading operators of the exchange's foreign currency market in Kazakhstan in April 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) with 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 23 second tier banks participated in 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 April March name trade 2005 2005 of bank volume, % ----------- ----------- ------------------------------------ --------- 1 1 DB ABN AMRO Bank Kazakhstan CJSC 13.9 2 2 Halyk saving bank of Kazakhstan JSC* 13.3 3 3 Bank TuranAlem JSC* 11.5 4 6 CITIBANK KAZAKHSTAN CJSC 9.3 5 5 Eurasian bank JSC 9.1 6 4 Kazkommertsbank JSC 8.3 7 7 Nurbank JSC 5.8 8 8 Bank CenterCredit JSC 5.4 9 11 SB Alfa-Bank JSC 3.4 10 12 Temirbank JSC 3.3 ------------------------------------------------------------------------- * market-maker on US dollar at KASE Newcomers of the "active ten" relative to March of 2005 are SB Alfa-Bank JSC and Temirbank JSC, which has substituted BANK CASPIAN JSC (Almaty, the 9th position in March) and Alliance Bank JSC (Almaty, the 10th position in March). Below is table of active operators of exchange currency market in the first 4 months of 2005. A total of 26 second tier banks participated in deals in this period. ------------------------------------------------------------------- Position in Stake in the first 4 months Brief name of trade volume, of 2005 bank % ------------------ -------------------------------- ------------- 1 Halyk saving bank Kazakhstan JSC 14.6 2 DB ABN AMRO Bank Kazakhstan CJSC 13.5 3 Bank TuranAlem JSC 9.9 4 Kazkommertsbank JSC 7.5 5 Eurasian bank JSC 7.3 6 CITIBANK KAZAKHSTAN CJSC 7.1 7 Nurbank JSC 5.0 8 Bank CenterCredit JSC 4.5 9 BANK CASPIAN JSC 3.5 10 SB Alfa-Bank OJSC 3.1 ------------------------------------------------------------------- [2005-05-04]