Alfa-Bank Kazakhstan
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Alfa-Bank Kazakhstan was established in December 1994 and has become one of the most reliable and progressive banks in Kazakhstan. It is a full-service bank which guarantees high quality and timely services to corporate and individual clients.
Alfa-Bank Kazakhstan prioritises fast and high quality financial flows between Russia and Kazakhstan.
The Bank has a branch in Astana as well as three representative offices in Karaganda, Ust-Kamenogorsk and Ekibastuz.
According to the financial auditors’ report on 31 of December 2006, the Bank’s total assets are $179.5 million, liabilities are $139 million, and the bank’s own capital amounts to $ 40.1 million.
Net profit increased by 80% from the previous year.
Alfa-Bank (Kazakhstan): Year-End Indicators (in US$ million)
| 2006 | 2005 | 2004 | 2003 | |
|---|---|---|---|---|
| Total assets | 179.5 | 123.2 | 93.6 | 66.3 |
| Loan Portfolio | 93.0 | 66.9 | 58.4 | 47.4 |
| Client Deposits | 134,9 | 89.7 | 67.1 | 41.6 |
| Own Capital | 40.1 | 29.4 | 21.1 | 16.3 |
| Including Charter Capital | 9.2 | 7.5 | 7.7 | 6.9 |
| Net Profit | 10.1 | 5.6 | 3.0 | 3.3 |
International rating agency Moody’s determined the Bank’s long-term deposits rate as Ba3, financial stability rate (FSR) as E+, and forecast all rates as Stable.