Almaty, September 8, 2022

Eurasian Bank informs its clients that the Bank assets exceeded 2 trillion tenge as a result of sustainable development, growth in lending and provision of other financial services to our clients. In terms of assets, the Bank rose to 7^th place in the ranking of the largest banks in Kazakhstan.

“We continue to implement the strategy aimed at the balanced and sustainable development of the Bank. Asset growth is achieved while maintaining risk and profitability parameters at an acceptable level,” said Valentin Morozov, Chairman of the Management Board of Eurasian Bank.

Since the beginning of the year, the Bank assets have grown by almost 44% or 662 billion tenge. The growth was achieved due to an increase in the rate of lending to legal entities — an increase of 80 billion tenge or 38% since the beginning of the year, and an increase in loans to individuals by 203 billion tenge or 44%.

Funds of legal entities increased by 38% or by 247 billion tenge, funds of individuals — by 33% or by 161 billion tenge.

The Bank net profit for 8 months of 2022 amounted to 54.5 billion tenge. The growth was achieved by increasing net interest income by 52%, net non—interest income by half, and also by reducing provisions by 22% compared to the same period in 2021.

Eurasian Bank JSC is a socially important commercial bank of Kazakhstan with a 28-year history of development. Occupies a leading position in the retail banking market, provides a wide range of services to corporate and SME clients. On April 12, 2022, the Bank rating on the Moody’s scale — B2, outlook — stable, was confirmed. The Bank belongs to the ecosystem of the ERG Group (one of the largest companies in the world in the field of mining and processing of mineral resources).