19 August 2020, Almaty

Eurasian Bank announced the consolidated results of the Bank and its subsidiaries (hereinafter — the Bank) for 6 months of 2020.

Despite the pandemic and the quarantine restrictions, the Bank is developing steadily, as evidenced by the growth of assets and capital. As of 30 June 2020, the amount of assets exceeded 1,150 billion against 1,057 billion tenge as of 31 December 2019.

The objective decrease in lending activity during the quarantine period was 6.8%, while in some segments, for example, in auto lending, there was an increase of 2.7%. Deposits of retail and corporate customers, as well as current account balances, increased by 12% compared to the beginning of the year and reached 895.7 billion tenge. Operating income also increased from 41 billion to more than 46 billion tenge.

The reserve of equity excluding liabilities increased by 7.9% from 98.8 billion to 106.7 billion tenge and allows the Bank to feel confident and comfortable.

Eurasian Bank is satisfied with the results of the first half of the year and intends to develop its activities, focusing on the needs of its customers in the current economic conditions. The Bank will continue to focus on further improving digital services and remote service channels, providing a full package of services both online and through the branch network.

As of 30June 2020, the Bank has 17 regional branches and 117 cash and settlement outlets in the Republic of Kazakhstan and the Russian Federation.

The Eurasian Bank group in addition to the Bank includes subsidiaries: Eurasian Bank PJSC (Moscow), LLP” Eurasian Project 1 LLP and Eurasian Project 2 LLP.  The Eurasian Financial Company JSC is the parent company of the Bank and owns 100% of the Bank shares.

Eurasian Bank is a socially important commercial Bank of Kazakhstan with a 25 – year history of development. It is one of the ten largest banks in the country by assets, occupies a leading position in the retail banking market, and provides a wide range of services to corporate customers and SME entities.

Eurasian Bank PR Service

+7 (727) 259-95-99, Ext.: 4401

press@eubank.kz

eubank.kz