OREANDA-NEWS. JSC Kazkommertsbank announces its audited consolidated IFRS financial results for the six months ended 30 June 2014.

Retail loans (net) increased by 68.3% to KZT 455 billion, as of 30 June 2014, compared to KZT 271 billion, as of 31 December 2013. The share of net retail loans in the total net loan portfolio was 17.5% at the end of 1H 2014 (14.2% at YE2013).

Retail deposits increased by 54.2% to KZT 1,055 billion from KZT 684 billion at 31 December 2013.

As of 30 June 2014, the Bank had 42 branches and 303 outlets in Kazakhstan. In addition, it has an extensive alternative distribution network. The number of ATMs and POS terminals was 2,168 and 20,874, accordingly.