29.01.2015, 11:25
Eurasian Bank announces financial results of 2014 operations
OREANDA-NEWS. Eurasian Bank JSC (Almaty), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release:
"...Eurasian Bank has finalized its financial result for 2014. According to non-consolidated financial statement based on NB RK standards the Net Income of the Bank after tax reached KZT 11.02 bln.
YoY Assets of the Bank increased by 42.3% to KZT 836 bln and Loan Portfolio grew by 32.5% to KZT 609.8 bln. Corporate and SME loans held 50% in the Bank’s loan portfolio structure. The share of unsecured loans was 23% of the total loan portfolio. During 2014 the Bank reduced the share of non-performing loans (NPL) to 7.5% in 2014 from 8.9% in 2013 against the sector average of 26.3% (according to NBRK in December 2014)."
"...Eurasian Bank has finalized its financial result for 2014. According to non-consolidated financial statement based on NB RK standards the Net Income of the Bank after tax reached KZT 11.02 bln.
YoY Assets of the Bank increased by 42.3% to KZT 836 bln and Loan Portfolio grew by 32.5% to KZT 609.8 bln. Corporate and SME loans held 50% in the Bank’s loan portfolio structure. The share of unsecured loans was 23% of the total loan portfolio. During 2014 the Bank reduced the share of non-performing loans (NPL) to 7.5% in 2014 from 8.9% in 2013 against the sector average of 26.3% (according to NBRK in December 2014)."
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