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Profit of Eximbank Kazakhstan down

Kazakhstan Materials 2 November 2016 20:04 (UTC +04:00)

Baku, Azerbaijan, Nov. 2

By Elena Kosolapova – Trend:

Eximbank Kazakhstan saw a decrease in its profit in January-September 2016, according to the bank’s financial statements posted on the website of the Kazakhstan Stock Exchange (KASE).

The bank had a net profit of 115.04 million tenges (336 tenges = $1) in this period as compared to 160.78 million tenges in the same period of 2015.

The bank’s assets increased from 70.79 billion tenges in the beginning of 2016 to 75.16 billion tenges in the end of September.

The capital of the bank increased from 13.34 billion tenges to 13.45 billion tenges in January-September.

Eximbank Kazakhstan’s liabilities rose from 57.45 billion tenges in the beginning of 2016 to 61.71 billion tenges in the end of September.

Eximbank Kazakhstan has been serving its clients – legal entities for more than 20 years. Since April 2014, Eximbank Kazakhstan has been opening deposits and serving accounts of individuals as well.

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