OREANDA-NEWS. August 19, 2009. ATFBank (Almaty), a company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release, reported the press-centre of KASE:

CONFIRMED RESULTS FOR H1 2009: NET PROFIT REACHED EUR937 M, OPERATING PROFIT INCREASED 24.6 % AGAINST H1 2008, CORE TIER 1 INCREASED 6.85%

IN H1 2009

- Net profit of the Group - EUR937 m

- Operating profit - EUR6.636 m, +24.6% against H1 2008 with account to exchange rate change and based on basis values

- Continuing sustainable commercial banking operation (retail, corporate, CEE region and Private Banking) thanks to Retail and Investment banking.

- The group proved to be able to cope with consequences of complex macro-economical situation: profit before tax reached about EUR2 bn, despite basis risk cost increased up to 136 basis points

- Gross assets, trade transactions and risk-weighted assets are reducing Core Tier 1 capital increased up to 6.85 %. Tier 1 increased up to 7.66 %

Q2 2009:

- Group's net profit - EUR490 m, 9.6 % increase

- Operating profit against the previous quarter increased up to EUR7.764, with confident increase in net profit from trade transactions and stable progress from all other constituents

- Total operating costs reached EUR3.868 m with expenses less than 50 % (- 8 % against the same period last quarter)

- Operating profit reached EUR3.896 m, the highest level since the second quarter 2007

- Profit before tax increased 9.2 % against last quarter

Quotation end

The full version of the press release is available at the KASE website at:
http://www.kase.kz/files/emitters/ATFB/atfb_reliz_140809.pdf