Profit of Eximbank Kazakhstan down
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 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.