KASE determined leading operators of the exchange's currency market in May and in first 5 months of 2005

/IRBIS, Assel Omarova, June 3, 05/ - Kazakhstan stock exchange (KASE) has determined list of second tier banks - leading operators of the exchange's foreign currency market in Kazakhstan in May 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 24 second tier banks participated in making of deals on 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 May April name trade 2005 2005 of bank volume, % ----------- ----------- --------------------------------- --------- 1 2 Halyk saving bank Kazakhstan JSC* 16.7 2 1 DB ABN AMRO Bank Kazakhstan CJSC 14.6 3 3 Bank TuranAlem JSC* 10.5 4 5 Eurasian bank JSC 10.4 5 6 Kazkommertsbank JSC 7.5 6 4 CITIBANK KAZAKHSTAN CJSC 7.2 7 7 Nurbank JSC 6.2 8 10 Temirbank JSC 4.6 9 9 SB Alfa-Bank JSC 3.6 10 11 BANK CASPIAN JSC 2.9 ---------------------------------------------------------------------- * market-maker on US dollar on KASE Newcomer of the "active ten" relative to April of 2005 is BANK CASPIAN JSC, which has substituted Bank CenterCredit JSC (Almaty, the 8th position in April). Below is table of active operators of exchange currency market in the first 5 months of 2005. A total of 26 second tier banks participated in making of deals in this period. ----------------------------------------------------------------- Position for the first 5 months of 2005 Brief name of Stake in bank trade volume, % -------------- -------------------------------- --------------- 1 Halyk saving bank Kazakhstan JSC 15.1 2 DB ABN AMRO Bank Kazakhstan CJSC 13.8 3 Bank TuranAlem JSC 10.0 4 Eurasian bank JSC 8.0 5 Kazkommertsbank JSC 7.5 6 CITIBANK KAZAKHSTAN CJSC 7.1 7 Nurbank JSC 5.3 8 Bank CenterCredit JSC 4.1 9 BANK CASPIAN JSC 3.4 10 SB Alfa-Bank OJSC 3.2 ----------------------------------------------------------------- [2005-06-03]