Net income of Kazakhstan Eurasia bank was $15.6 million in the first half years

YEREVAN, August 3. /ARKA/. Eurasian Bank within the first ten of the largest banks of Kazakhstan received 2.286 billion tenge (15.6 million dollars) net income in January-June 2011 compared to the net losses of 1.437 billion tenge (9.8 million dollars) in the same period of 2010, consolidated report of the bank states (RIA Novosti).

Assets of the bank in the first six months of 2011 reduced by 4.4% to 341.061 billion tenge (2.3 billion dollars), liabilities reduced by 5.6% to 312.881 billion tenge (2.1 billion dollars).

Own capital of the bank increased by 10.1% to 28.180 billion tenge (192 million dollars) in the first half years of 2011.

“Eurasian Financial Company” possessing 99.67% assets of the bank is controlled by the large shareholders of metallurgic group Eurasian Natural Resources Corporation (ENRC) – Aleksandr Mashkevich, Patokh Chodiev and Alijan Ibrahimov. -0-

spot_img

POPULAR

Armenia Shows Significant Progress in Using More Complex Financial Instruments – EBRD

Armenia is demonstrating significant progress and growing readiness to use more complex financial instruments, said Elisabetta Falcetti, the bank's Executive Director for Turkey and the Caucasus, in an interview with ARKA news agency.

Euro to Armenian dram exchange rate continued to decline, while the dollar and ruble rose: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of May 14, 2026, rose by 0.15 points compared to May 13, to 368.78 drams.

Assets of Armenian credit institutions increased by 11.87% to 882.4 billion drams in the first quarter of 2026

The total assets of Armenia's credit institutions as of March 31, 2026, amounted to 882.4 billion drams, an increase of 11.87% compared to March 31, 2025. This is evidenced by the consolidated financial report of the country's credit institutions.

Armbanks Weekly Digest: Key Events in the Armenian Financial Market (May 4-10)

The week in the Armenian financial market was influenced by decisions and statements by the Central Bank, updated macroeconomic data, and capital market activity.

Loans issued by Armenian commercial banks exceeded 8.16 trillion drams at the end of March

The volume of loans issued by commercial banks in Armenia as of the end of March 2026 amounted to 8,163,745 million drams, compared to 8,035,184 million drams at the end of February, according to data from the Statistical Committee.

LATEST NEWS

spot_imgspot_imgspot_img