31 Aug 2010 13:00

Halyk Bank sees assets rise 7.8% in H1

ALMATY. Aug 31 (Interfax) - The assets of Kazakhstan-based Halyk Bank went up to 2.18 trillion tenge as of July 1, 2010 from 2.023 trillion tenge (147.14 tenge/$1 on August 31, 2010) at the end of 2009, an increase of 7.8%, according to the IFRS non-audited consolidated financial statement.

The net profit in the reporting period totaled 16.63 billion tenge compared to 4.32 billion tenge in January-June 2009. The profit before tax amounted to 19.7 billion tenge from 4.63 billion tenge respectively.

In the reporting period the liabilities of the bank increased to 1.89 trillion tenge from 1.74 trillion tenge at the end of 2009, equity capital went up to 293.12 billion tenge from 280.95 billion tenge respectively, the registered capital remained at 143.69 billion tenge.

In the first half of 2009 Halyk Bank was ranked 13th by assets among the CIS banks and 2nd among the Kazakh banks according to the Interfax-1000 ranking prepared by the Interfax Center of Economic Analysis.

The major shareholders of Halyk Bank are: Holding Group ALMEX (41.8%) and the National Welfare Fund "Samruk-Kazyna" (26.81%).