Kazkommertsbank Reports Its Corporate and SME Banking Results
OREANDA-NEWS. JSC Kazkommertsbank announces its audited consolidated IFRS financial results for the six months ended 30 June 2014.
Corporate loans were KZT 2,151 billion as of 30 June 2014 compared to KZT 1,630 billion as of 31 December 2013. The share of corporate loans in the Bank's total net portfolio decreased to 82.5% as of 30 June 2014 from 85.8% at the end of 2013.
As of 30 June 2014, corporate deposits (excluding deposits under the Kazakh Government's stabilisation programmes) were KZT 1,194 billion compared to KZT 925 billion at 31 December 2013. The share of corporate deposits in the Bank's total customer accounts was 48.6% compared to 55.0% as at the end of 2013.
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