CenterCredit Bank profit doubled
12/08/2004, Kazakhstan Today
Following the results of the first half year, the net profit of the Center Credit Bank reached 1.125 billion tenge against 463 million for the accounting period in 2003, and increased by more than 2.4 times. KZ-today has been informed by the press service of the bank.
As of 1 July 2004, return on equity (ROE) made 23.9%. The bank assets reached 120.5 billion tenge, increased by 46% from the beginning of the year and 82% against 1 July 2003.
The bank obligations increased by 47%, reaching 110.9 billion tenge. The own capital reached 12.3 billion tenge.
Translated by Nataliya Shirinskikh