Valut-Transit Bank increased its capital up to 1.5 billion tenge

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17:50 21.07.2004
text: "Kazakhstan Today"
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Following the results of the first half year, owned capital of "Valut-Transit Bank" increased up to 1.5 billion tenge and reached 6.8 billion tenge. KZ-today has been informed by the press service of the bank.

The speed of growth is 128%. According to the specialists, the growth of owned capital by 75% is conditioned by 9th shares emission and net profit increasing (by 25%).

The net profit of the bank made 372.6 million tenge from January to June, that by 64% exceeds the level of the accounting period of 2003.

"Valut-Transit Bank" enters the top ten Kazakhstani banks, and takes the third place among the banks having widely regional network. The Bank registered 14 branches, 115 cash processing centers and 171 exchanges.

Translated by Nataliya Shirinskikh