KASE determined leading operators of the exchange's currency market in June and in first six months of the current year
/IRBIS, Sergey Yakovlev, July 4, 05/ - Kazakhstan stock exchange (KASE) has determined list of second tier banks - leading operators of the exchange's foreign currency market in Kazakhstan in June 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).
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Position in Position in Brief Stake in
June May name trade
2005 2005 of bank volume, %
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1 1 Halyk saving bank Kazakhstan JSC* 14.4
2 2 DB ABN AMRO Bank Kazakhstan CJSC 8.6
3 3 Bank TuranAlem JSC* 8.2
4 6 CITIBANK KAZAKHSTAN CJSC 5.7
5 8 Temirbank JSC 5.41
6 5 Kazkommertsbank JSC 5.40
7 7 Nurbank JSC 4.7
8 4 Eurasian bank JSC 4.6
9 13 Alliance Bank JSC 3.8
10 11 Bank CenterCredit JSC 3.7
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* market-maker on US dollar on KASE
Newcomer of the "active ten" relative to May 2005 is Alliance Bank JSC and Bank CenterCredit JSC, which have substituted from top-10 SB Alfa-Bank JSC (Almaty, the ninth position in May) and BANK CASPIAN JSC (Almaty, the tenth position in May).
Below is table of active operators of exchange currency market in the first six months of 2005. A total of 26 second tier banks participated in making of deals in this period.
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Position for
the first 6
months of 2005 Brief name of Stake in
bank trade volume, %
-------------- -------------------------------- ---------------
1 Halyk saving bank Kazakhstan JSC 14.8
2 DB ABN AMRO Bank Kazakhstan CJSC 12.1
3 Bank TuranAlem JSC 9.4
4 Eurasian bank JSC 6.9
5 Kazkommertsbank JSC 6.8
6 CITIBANK KAZAKHSTAN CJSC 6.6
7 Nurbank JSC 5.1
8 Bank CenterCredit JSC 4.0
9 Temirbank JSC 3.9
10 BANK CASPIAN JSC 3.1
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[2005-07-04]