Eurasian Bank Announces Operating Results for 1H
OREANDA-NEWS. July 15, 2011. JSC Eurasian Bank has announced the financial results for the first half of 2011, reported the press-centre of KASE.
According to the unconsolidated financial statements as at July 2011, the Bank continues improving its key financial indicators.
Main indicators from Profit and Loss Statement for January-June of 2011 compared with the same period of 2010:
- Net interest income increased by 177%;
- Operating income before provisions grew by 83.4%;
- Net interest margin (NIM) widened by 176.5%;
- Net income (profit) amounted to 2.270 billion tenge compared with a loss of 1.266 billion tenge in the first six months of 2010;
- Total production of ProstoCredit for 1H11 surpassed the full year 2010 production;
- Total unique clients have increased 96.8% YtD;
- The YtD Interest Income received in cash as a percentage of Total Interest Income was 95.4%.
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