OREANDA-NEWS. November 25, 2010. Joint Stock Company 'Halyk Savings Bank of Kazakhstan' and its subsidiaries (together "the Bank") (LSE: HSBK) releases its condensed interim consolidated financial information for the nine months ended 30 September 2010, reported the press-centre of KASE.

9M 2010 financial highlights:

- Net income increased by 180.4 percent to KZT 26.0 billion from KZT 9.3 billion for 9M 2009

- Total assets increased by 2.0 percent

- Amounts due to customers increased by 7.5 percent during 9M 2010 and decreased by
  7.2 percent during 3Q 2010

- Current accounts increased by 38.0 percent

- Amounts due to individuals increased by 12.3 percent

- Amounts due to legal entities increased by 5.4 percent during 9M 2010 and decreased by
  11.9 percent during 3Q 2010

- Gross loans to customers decreased by 0.2 percent during 9M 2010 and increased by 1.2 percent during 3Q 2010

- Total equity increased by 10.1 percent

- Net interest income increased to KZT 29.4 billion from net interest loss of KZT3.0 billion for 9M 2009

- Impairment charge on interest earning and other assets decreased by 48.1 percent to KZT 38.1 billion from KZT 73.4 billion for 9M 2009

- Fee and commission income (excluding pension fund and asset
  management) increased by
  8.6 percent to KZT 18.6 billion from KZT 17.1 billion for 9M 2009

- Pension fund and asset management fees decreased by 55.3 percent to KZT 5.8 billion for 9M 2010 from KZT 13.0 billion for 9M 2009 and increased to KZT 2.4 billion for 3Q 2010 from KZT 8 million for 2Q 2010

- Other non-interest income increased by 1.9 percent to KZT 16.8 billion for 9M 2010 from KZT 16.5 billion for 9M 2009 and by 17.4 percent to KZT 5.7 billion for 3Q 2010 from KZT 4.9 billion for 2Q 2010

- Operating expenses increased by 19.3 percent to KZT 31.7 billion from KZT 26.6 billion for 9M 2009

- Net interest margin before allowance for impairment losses decreased to 4.7 percent for 9M 2010 from 5.5 percent for 9M 2009 and increased to 4.7 percent for 3Q 2010 from 4.3 percent for 2Q 2010

- Cost-to-income ratio increased to 31.4 percent from 23.9 percent for 9M 2009

- Basel Tier 1 capital adequacy ratio increased to 18.4 percent from 17.4 percent as at YE 2009

- Basel Total capital adequacy ratio increased to 22.5 percent from 21.0 percent as at YE 2009

- Loan-to-deposit ratio increased to 0.80х from 0.74x as at 30 June 2010

- Provisioning rate increased to 18.2 percent of gross loans to customers from 17.5 percent as at 30 June 2010

- Return on average common shareholders' equity increased to 11.8 percent per annum from 5.1 percent per annum for 9M 2009

- Return on average total assets increased to 1.6 percent per annum from 0.6 percent per annum for 9M 2009.