Halyk Savings Bank of Kazakhstan announces consolidated financial results of 2014 H1 operations

22.08.14 13:38
/KASE, August 22, 14/ – Halyk Savings Bank of Kazakhstan JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of August 22, 2014: quote Joint Stock Company 'Halyk Savings Bank of Kazakhstan' and its subsidiaries (together "the Bank") (LSE: HSBK) releases its interim condensed consolidated financial information for the 6 months ended 30 June 2014. 6 months 2014 financial highlights - Net income is up by 87.4% to KZT 64.0bn, YoY; - Net interest income before impairment charge is up by 32.0%; - Impairment charge is down by 79.2%; - Net interest income is up by 49.1%; - Fees and commissions from transactional banking are up by 12.7%; - RoAE is up to 32.1% p.a. (20.4% p.a. for 6m 2013); - RoAA is up to 4.7% p.a. (2.8% p.a. for 6m 2013); - Total assets are up by 12.1% YTD; - Net loans to customers are up by 2.9%; - Amounts due to customers are up by 15.5%; - Total equity is up by 11.6%; - NPLs 90-day+ ratio is down to 15.4% (18.0% as at 31 December 2013). unquote The full press-release is available on KASE website at: - http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_220814.pdf – in Russian; - http://www.kase.kz/files/emitters/HSBK/hsbk_reliz_220814_en.pdf – in English. [2014-08-22]