Bank CenterCredit net income falls by half in H1

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CenterCredit probe by financial police shows no violations

(SRI) - Kazakh financial police found no violations in its inspection of Bank CenterCredit (BCC), Kazakhstan’s fourth largest bank, the lender said in a statement.

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Bank CenterCredit records first quarter profit of $13.2 million

(SRI) - Bank CenterCredit (BCC), Kazakhstan’s fourth largest bank, reported a net profit of KZT2.0 billion ($13.2 million), driven primarily by a sharp decrease in provisioning expenses, in line with its preliminary estimate .

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Bank CenterCredit reports net income of $13.2 million in Q1; repays bond

(SRI) - Bank CenterCredit (BCC), Kazakhstan’s fifth largest bank, recorded a net income of KZT1.95 billion ($13.2 million) in the first quarter of 2010, according to preliminary unaudited financial statements.

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Financial police raid Bank CenterCredit

(SRI) - Kazakh financial police have raided the offices of Bank CenterCredit (BCC), the lender said on Tuesday, denying any wrongdoing.

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Bank CenterCredit 2009 profit hurt by disappointing fourth quarter

(SRI) - Bank CenterCredit (BCC) recorded a net profit of KZT3.5 billion ($23 million) in 2009 after a disappointing fourth quarter in which the company lost KZT2.0 billion ($13.6 million).

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Fitch affirms Bank CenterCredit following Kookmin stake increase

(Fitch Ratings) - Fitch Ratings has affirmed Bank CenterCredit’s ratings, including its Long-term Issuer Default Rating (IDR) of ‘B’ with a Stable Outlook.

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Fitch revises outlooks for Halyk and Bank CenterCredit

(Fitch) - Fitch Ratings has on January 22 revised Kazakhstan-based Halyk Bank’s and Bank CenterCredit’s (BCC) Outlooks to Stable from Negative and Evolving, respectively.

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EBRD to lend $50 million to Bank CenterCredit

(SRI) - The European Bank for Reconstruction and Development (EBRD) will lend $50 million to Bank CenterCredit (BCC). The two banks plan to sign a loan agreement on Wednesday, December 2.

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Bank CenterCredit net income down 11 percent in Jan-Sep

(SRI) - Bank CenterCredit (BCC), Kazakhstan’s sixth largest bank, reported a net income of KZT5.46 billion ($36.4 million) in the first nine months of 2009, down 11 percent compared to the same time period in 2008, according to its preliminary financial statements.

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