KASE determined leading operators of the exchange's currency market in August and the first 8 months of 2005

/IRBIS, Sergey Yakovlev, September 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 August 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 23 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 August July name trade 2005 2005 of bank volume, % ----------- ----------- ------------------------------------ --------- 1 3 SB ABN AMRO Bank Kazakhstan CJSC 15.51 2 1 Halyk saving bank of Kazakhstan JSC* 15.50 3 2 Bank TuranAlem JSC* 9.4 4 6 Eurasian bank JSC 7.6 5 4 Kazkommertsbank JSC 7.3 6 10 CITIBANK KAZAKHSTAN CJSC 5.9 7 8 Temirbank JSC 5.6 8 5 Nurbank JSC 4.4 9 9 Bank CenterCredit JSC 3.6 10 12 SB Alfa-Bank JSC 3.2 ------------------------------------------------------------------------- * market-maker on US dollar on KASE Newcomer of the "active ten" relative to July of 2005 is SB Alfa-Bank JSC, which has substituted ATFBank JSC (Almaty, the 7th position in July). Below is table of active operators of exchange currency market in the first 8 months of 2005. A total of 26 second tier banks participated in making of deals in this period. --------------------------------------------------------------- Position for the first 8 months of Brief name of Stake in 2005 bank trade volume, % ------------ -------------------------------- --------------- 1 Halyk saving bank Kazakhstan JSC 14.7 2 DB ABN AMRO Bank Kazakhstan CJSC 11.7 3 Bank TuranAlem JSC 10.0 4 Eurasian bank JSC 6.7 5 Kazkommertsbank JSC 6.6 6 CITIBANK KAZAKHSTAN CJSC 6.0 7 Nurbank JSC 5.0 8 Temirbank JSC 4.2 9 Bank CenterCredit JSC 3.9 10 BANK CASPIAN JSC 3.0 --------------------------------------------------------------- [2005-09-01]