Kazakh banks' total equity capital decreases first time in past 7 years

Baku, Azerbaijan, Feb. 9

By Rashid Shirinov – Trend:

The total equity capital of second-tier banks of Kazakhstan has decreased for the first time in the past 7 years: by 2.4 percent to 3 trillion tenge in 2018, Trend reports via Ranking.kz.

The number of second-tier banks decreased from 32 to 28 in 2018. Twenty one of them achieved annual growth of equity capital.

Home Credit Bank had the most noticeable increase in equity capital — 39.8 percent, to 63.1 billion tenge. Halyk Bank was second with 30.6 percent, to more than 1 trillion tenge, while Housing Construction Saving Bank had the annual growth of 30.6 percent, to 199.7 billion tenge of equity capital.

At the same time, 7 second-tier banks showed a decline in the equity capital. Bank RBK had the most noticeable reduction – 31.2 percent.

Over the past year, Home Credit Bank increased the volume of deposits and loan portfolio by almost half — to 129.9 billion tenge and 286.5 billion tenge, respectively. Its profit increased by 9.1 percent to 24 billion tenge.

Halyk Bank increased its deposit portfolio by 83 percent to 6.5 trillion tenge and loan portfolio by 49.2 percent to 4 trillion tenge through merging of Qazkom. The profit reached 284.7 billion tenge, 84.6 percent more than in 2017.

Housing Construction Saving Bank increased its deposits by 26.6 percent to 664.1 billion tenge, and the loan portfolio by 44.1 percent to 670.5 billion tenge. The bank's profit amounted to 26.5 billion tenge, 3.2 percent more than in 2017.

(378.73 KZT = 1 USD on Feb. 9)

---

Follow the author on Twitter: @ShirinovRashid

Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,144 more COVID-19 cases, 1,923 recoveries
Azerbaijan confirms 2,144 more COVID-19 cases, 1,923 recoveries
Ambedkar remembered on birth anniversary in Dubai
Ambedkar remembered on birth anniversary in Dubai
Loading Bars
Latest
Sudan calls on African countries to support reaching comprehensive solutions on Nile dam
Japan’s PM to Visit India, Philippines to Strengthen Regional Ties
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,144 more COVID-19 cases, 1,923 recoveries
India stresses fulfilling commitments for developing Chabahar
EAM Jaishankar to visit Abu Dhabi on Sunday
Sri Lanka to receive Chinese Sinopharm vaccine tomorrow
Biden names 2 Indian-Americans to key jobs
Ambedkar remembered on birth anniversary in Dubai
Shortcomings of multilateral system laid bare by pandemic, says Shringla
Maldives Foreign Minister meets Jaishankar, discusses regional, international issues
Israeli business interested in expanding cooperation with Kazakhstan
Number of licenses issued for launch of enterprises in Iran spikes
Delegation of Azerbaijani parliament takes part in events within session of CIS Interparliamentary Assembly (PHOTO)
Azerbaijani gymnasts take part in World Cup in Uzbekistan's Tashkent
Ford Otosan to suspend production due to supply issues
Georgian delegation to Participate in Spring Session of PACE
Iran reveals COVID-19 data for April 18
Azerbaijani hydroelectric power plants increase electricity production
China, U.S. agree on need for stronger climate commitments
Russia records over 8,600 daily COVID-19 cases
Azerbaijan shares footage from Saybali village of Aghdam district (VİDEO)
Serbia - gateway to European market for Iran - Deputy Minister
France to impose 10-day quarantine for travellers coming from Brazil
Azerbaijani Finance Ministry to engage archiving services via tender
Kyrgyzstan adds 244 new COVID-19 cases
Israel raises import of clothes from Turkey
Iran's Energy Exchange announces products to be on sale on April 18
Capital of Bank Keshavarzi Iran to increase
Iran's trade turnover with Georgia decreases
Azerbaijan's MFA issues appeal on occasion of April 18 - International Day for Monuments and Historic Sites
Azerbaijan shares footage from Tarovlu village of the Gubadli region (VİDEO)
Slovak investors note potential in Georgia's energy sector
Czechs expel 18 Russian envoys, accuse Moscow over ammunition depot blast
Azerbaijan's State Treasury Agency to update information systems via tender
Earthquake hits Georgia
Iran, Serbia FMs meet in Tehran
Magnitude 5.8 earthquake hits Japan
Kazakhstan’s COVID-19 caseload up by 2,822
Iran's trade turnover with Pakistan shrinks
Brazil registers over 370,000 deaths from COVID-19
5.8-magnitude quake strikes off Japan's Miyagi Prefecture
Iraq reports 6,552 new COVID-19 cases, 970,987 in total
More than 805,000 COVID-19 infections detected worldwide over past 24 hours
5.1-magnitude quake hits 20 km S of Mandraki, Greece
Israel reports 142 new COVID-19 cases, 836,882 in total
Yemen's Houthi rebels say launch drone attack on Saudi air base
India's sports minister tests positive for COVID-19
Weekly review of highlights in Azerbaijan's transport sector
EU to hand over 30 vehicles to Georgia Border Police
Turkish scientist works on drug that can ‘kill COVID-19 in 2 days’
Uzbekistan may start production of its own vaccine against COVID-19 by the end of the year
Russia's Eastwind, Turkmenistan's Turkmensvyaz to sign contract
UK records another 2,206 coronavirus cases, 35 deaths
Iranian official offers upbeat assessment of progress in nuclear talks
Volume of goods transported by Azerbaijan’s vehicles in 2021 disclosed
Indonesia reports 5,041 new COVID-19 cases, 132 new deaths
Global COVID-19 deaths surpass 3 mln - Johns Hopkins University
Geostat reveals volume of Russian exports to Georgia
Solar panel station put into operation in Iran’s Razavi Khorasan Province
New auction to be held for Azerbaijani Finance Ministry's mid-term bonds
Georgia increases import of vehicles from Turkey
Kyrgyzstan imposes restrictive measures at airports
Bahar Azadi gold coin price rebounds in Iran
Foreigners to pass simplified visa procedures for 2021 F1 Azerbaijan Grand Prix
Serbian FM to visit Tehran today
Azerbaijan discloses number of COVID-19 vaccinated citizens
Azerbaijan confirms 2,148 more COVID-19 cases, 2,287 recoveries
Armenia falsified Caucasian Albania temples in Azerbaijan - rep of religious community
Iran to send trade attaché to Azerbaijan
Weekly review of major events in Azerbaijan's oil & gas sector
Azerbaijan shares footage from Jabrayil's Dash Veysalli village (VIDEO)
Armenia strived to create history for itself in Azerbaijan's lands - Head of Albanian-Udi community
Iran reveals COVID-19 data for April 17
Volume of loaded and unloaded cargo in Iran’s Charak port climbs
Azerbaijani oil prices on rise
VICE News report on Armenia's attack on Azerbaijani Barda nominated for award
Weekly review of main events in ICT sector of Azerbaijan
Earnings from fuel savings in Iran paid to investors
Uzbekistan's CCI, Portuguese Industrial Association establish co-op
Buy/sell operations at Iran Mercantile Exchange soar
Rosatom, Uzbekistan working on contract for building nuclear power plant
Turkmenistan to create electronic exchange database
IMF calls on Georgia to reduce capital expenditures in case of lockdown
Russia reports a new high of 9,321 coronavirus cases since March 20
Azerbaijan's Albanian-Udi Christian community members visit ancient temple in Tugh - Trend TV (PHOTO)
OSCE MG should force Armenia to follow terms of trilateral statement - Azerbaijan's Parliament
Weekly review of Azerbaijani currency market
Azerbaijan, Turkic Council discuss creation of joint digital tools
Weekly review of Azerbaijani precious metals market
EU rep should follow int'l law before meeting with separatist in Karabakh - expert
Potential areas of Turkmenistan’s interaction within Visegrad Group+Central Asia framework identified
Georgia reports 1,219 new coronavirus cases for April 17
Georgia holds auction for privatization of state property
Azerbaijani MP talks about spring session of IPA CIS held in Russia's St. Petersburg
Georgia continues to conduct research on Namakhvani HPP
Iran unveils details exports from Maragheh County
Kazakhstan reveals total number of TEU containers shipped along Aktau-Baku feeder line
There have always been good grape varieties in Pirshaghi – white and black Shani - President Aliyev
Participants of Azercell Student Bursary and Internship Programs share their success stories
All news