Kazakh BTA Bank, the country’s second
largest commercial bank, has reported a 9.5% increase in its consolidated assets,
which totalled $27.8bn as at 1 July 2008.
The bank said that the increase was
possible thanks to attracting deposits on the domestic market.
Deposits went up by 15% to $6.2bn, while
the bank’s loan portfolio increased only by 3.6% to $20.4bn.
The bank managed to pay $561m on its debts
in the first half of the year and will have to pay a further $637.4m in the
second half of 2008.
BAT made a profit of $231m in January-June
2008 against $217m in the same period of last year.
That the bank managed to pay its
outstanding debt and make a profit shows that it wants to show the situation in
the bank is more or less under control, thus calming down its clients and
creditors.
