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YEAR2010_YEAR_END_PRESENTATION - YEAREND2010 PRESENTATION...

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YEAR END 2010 PRESENTATION April 2011
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2 Disclaimer This presentation has been prepared and issued by Joint stock company Eurasian Bank. This publication is intended for professional and institutional customers. Any information in this presentation is based on data obtained from sources considered to be reliable, but no representations or guarantees are made by Eurasian Bank with regard to the accuracy of the data. The opinions and estimates contained herein constitute our best judgment at this date and time, and are subject to change without notice. This presentation is for information purposes, it is not intended to be and should not be construed as an offer or solicitation to acquire, or dispose of any of the securities or issues mentioned in this presentation. Eurasian Bank and/or its subsidiaries may use the information in this presentation prior to its publication to its customers. Eurasian Bank or its employees may also own or build positions or trade in any such securities, issues, and derivatives thereon and may also sell them whenever considered appropriate. Eurasian Bank may also provide banking or other advisory services to interested parties. Eurasian Bank accepts no responsibility or liability whatsoever for any expense, loss or damages arising out of, or in any way connected with, the use of all or any part of this presentation.
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3 Contents 1. Overview 2. Business 3. Financials 4. Risk Management 5. Key Financial Indicators 6. Appendices All figures under IFRS, unless otherwise stated 2010 and 2009 figures are according to KPMG audited financial statements Throughout presentation exchange rate USD/KZT: 1/146 is used for convenience
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OVERVIEW 4
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5 Seventh largest bank in Kazakhstan by assets. Initially created by three individuals (current owners of 44% of ENRC group of companies) to provide financial services to affiliated companies in the areas of natural resources and mining, the bank has eventually transformed into a universal financial institution, providing all types of services to corporate clients, SMEs and individuals. The only Kazakhstan-­૒based bank retaining its international credit ratings since downturn start -­૒ S&P ͞±͟ stable (upgraded in Jan. 2011), DŽŽĚLJ͛Ɛ ͞± 1 ͟ negative. As at 01.01.2011 represented in all main cities of Kazakhstan with 18 full service branches, 49 outlets, and in Moscow, Russia, after acquisition of a commercial bank from Troika Dialog in 1Q2010. Eurasian Bank profile IFRS, 01.01.2011 KZT, million USD, million Total assets 355 552 2 435 Tier 1 capital 24 210 165 Total equity 25 892 177 Capital adequacy, Tier 1 9.4% Capital adequacy, Total 14.3% NIM (AFN) 2.4% NPLs (AFN) 7.6% NPL coverage ratio (AFN) 146% Branch Network ex. ProstoCredit Beneficial owners Alexander Mashkevich 33.33% Patokh Chodiev 33.33% Alijan Ibragimov 33.33% Beneficial owners contributed capital to Bank in 2009 to support provisioning for asset deterioration
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6 1994: bank established mainly to service Eurasian group of companies 2002-­૒2007 : started to diversify outside the group, focusing on corporate clients and SMEs 2007-­૒2009 :
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