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Eurasian Bank Doubled Assets to 2 Trillion Tenge over Past Three Years

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

 

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

 

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

 

The Bank’s net income for the first 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, as well as by reducing provisioning by 22% compared to the same period of 2021.

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