KASE determined leading operators of the exchange's currency market in October and first 10 months of 2005

03.11.05 17:33
/IRBIS, Sergey Yakovlev, November 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 October 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 October September name trade 2005 2005 of bank volume, % ----------- ----------- --------------------------------- --------- 1 1 Halyk saving bank Kazakhstan JSC* 15.3 2 2 DB ABN AMRO Bank Kazakhstan JSC 15.1 3 5 Temirbank JSC 12.8 4 4 Bank TuranAlem JSC* 8.4 5 7 Eurasian bank JSC 8.2 6 3 Kazkommertsbank JSC 6.8 7 8 Nurbank JSC 6.2 8 6 CITIBANK KAZAKHSTAN JSC 5.4 9 10 Bank CenterCredit JSC 3.6 10 11 SB Alfa-Bank JSC 2.7 ---------------------------------------------------------------------- * market-maker on US dollar on KASE Newcomer of the "active ten" relative to September of 2005 is SB Alfa-Bank JSC (Almaty), which has substituted SB HSBC Bank Kazakhstan JSC (Almaty, the 10th position in September). Below is table of active operators of exchange currency market in the first 10 months of 2005. A total of 26 second tier banks participated in making of deals in this period. ----------------------------------------------------------------- Position for the first 10 months of 2005 Brief name of Stake in bank trade volume, % -------------- -------------------------------- --------------- 1 Halyk saving bank Kazakhstan JSC 15.0 2 DB ABN AMRO Bank Kazakhstan JSC 12.3 3 Bank TuranAlem JSC 9.6 4 Kazkommertsbank JSC 6.9 5 Eurasian bank JSC 6.7 6 CITIBANK KAZAKHSTAN JSC 6.0 7 Temirbank JSC 5.3 8 Nurbank JSC 5.1 9 Bank CenterCredit JSC 3.7 10 ATFBank JSC 2.7 ----------------------------------------------------------------- [2005-11-03]