OREANDA-NEWS. July 16, 2015. Subsidiary Organization VTB Bank JSC (Kazakhstan) (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

For the first half of 2015 Subsidiary VTB Bank (Kazakhstan) JSC increased the amount of funds on accounts and customers' deposits by 26.9% compared to the beginning of the year, and reached the level of 125 259 million tenge.

The Bank's assets increased by 5.9%

- up to 162 112 million tenge. Key financial and operating indicators for 1-st half year of 2015 (as of 01.07.2015):

- Liabilities increased by 8.2% - up to 1460 25 million tenge;

- The Bank's credit portfolio, taking into account the provisions as of July 1, 2015, amounted to 93 346 million tenge;

- Net interest income before creation of reserves for 1-st half year of 2015 amounted to 4 021 million tenge;

- Net fee income for 1-st half year of 2015 reached 1 076 million tenge;

- The Bank's net losses for 1-st half year of 2015 amounted to 1 289 million tenge; The quality of the loan portfolio of VTB Bank (Kazakhstan) is at a good level.

The Bank continues to invest in infrastructure and IT-systems development and product line expansion. In the second half of the year VTB Bank (Kazakhstan) will continue its dynamic development as a universal bank.