OREANDA-NEWS. August 03, 2009. Eurasian Bank (Almaty), securities of which are present in Kazakhstan Stock Exchange (KASE) official list, informed KASE that Eurasian Bank in January-June of 2009 showed the significant growth of key performance indicators, reported the press-centre of KASE.

Thus, the bank assets in the reporting period increased from KZT272,001 m to KZT352,807 m, or by 29.7%. The bank moved from the 9th to 7th place in Kazakhstan bank rating on this indicator. The equity capital increased from KZT25,523 m to KZT28,426 m, or by 11.4% (moved from the 11th to 8th place). The loan portfolio increased from KZT127,740 m to KZT155,430 m, or by 21.7%.

For initial six months of 2009 the bank obligations increased from KZT246,478 to KZT324,381 m, or by 31.6%. In the reporting period the deposits increased from KZT134,074 m to KZT197,055 m, or by 47% (from the 9th to 8th). Also, legal entities deposits increased from KZT100,283 m to KZT118,175 m, or by 17.8% (from the 9th to 8th). Meanwhile , individuals deposits increased from KZT33,791 m to KZT78,880 m, or by 133.5%. During the six months Eurasian Bank doubled the market stake on individuals deposits from 2.25% to 4.81% - and moved from the 8th to 6th place in Kazakhstan banks ratings on this indicator.

The bank net profit in 2009 half-year made up KZT163 m against KZT865 m for the similar period of 2008.

One of the priorities of the bank is the loan portfolio quality. From the beginning of the year the volume of inactive loans (5th category bad loans) increased from KZT4,647 m to KZT7,215 m. At this the stake of such loans in the loan portfolio in the reporting period increased from 3.63% to 4.19%. At the same time the provisions increased from 4.25% to 4.61%. Thus, the volume of created reserved fully covers inactive loans amount.