Total income of VTB Bank Kazakhstan up

Business Materials 2 August 2018 12:38 (UTC +04:00)

Baku, Azerbaijan, Aug. 2


The total income of VTB Bank Kazakhstan has increased 32 times in the first half of 2018, compared to the same period of last year, Kazakh media reported citing the financial statements of the bank Aug. 2.

The total income of the bank has grown from 33 million tenges to 1.085 billion tenges during the year. The net profit of the bank increased 11 times from 90.94 million tenges to 1.08 billion tenges.

As of the end of June, the bank's capital was 16.7 billion tenges and liabilities stood at 120.27 billion tenges. The bank's assets amounted to 136.97 billion tenges.

Authorized capital of the bank is equal to 27.3 billion tenges.

The bank ranks 23rd in terms of assets, 17th in terms of revenues for 1H2018 and 11th in terms of return on assets among 32 banks in Kazakhstan.