By Helgi Library - September 25, 2019
ForteBank made a net profit of KZT 29.0 bil under revenues of KZT 80.3 bil in 2018, up 47.7% and 27.2% respectively compared to the p...
By Helgi Library - September 25, 2019
ForteBank's non-performing loans reached 23.7% of total loans at the end of 2018, up from 8.39% compared to the previous year. ...
By Helgi Library - September 25, 2019
ForteBank's net interest margin amounted to 3.15% in 2018, down from 3.34% compared to the previous year. Historically, th...
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By Helgi Library - September 25, 2019
ForteBank generated total banking revenues of KZT 80.3 bil in 2018, up 27.2% compared to the previous year. Historically, the bank’s revenues containing of interest, fee and other non-interest income reached an all time high of KZT 353 bil in 2010 and an all ti...
By Helgi Library - September 25, 2019
ForteBank's capital adequacy ratio reached 17.8% at the end of 2018, down from 20.8% compared to the previous year. Historically, the bank’s capital ratio hit an all time high of 22.6% in 2016 and an all time low of 13.9% in 2010. The Tier 1 ratio amounted to...
By Helgi Library - September 25, 2019
ForteBank's loans reached KZT 758 bil in the 2018, up from KZT 725 bil compared to the previous year. Historically, the bank’s loans reached an all time high of KZT 758 bil in 2018 and an all time low of KZT 643 bil in 2014. In the last decade, the aver...
By Helgi Library - September 25, 2019
ForteBank's customer loan growth reached 2.65% in 2018, down from 7.68% compared to the previous year. Historically, the bank’s loans growth reached an all time high of 82.4% in 2014 and an all time low of -20.9% in 2013. In the last decade, the average a...
ForteBank has been growing its revenues and asset by 9.04% and 16.5% a year on average in the last 3 years. Its loans and deposits have grown by 3.07% and 17.7% a year during that time and loans to deposits ratio reached 64.1% at the end of 2018. The company achieved an average return on equity of 10.7% in the last three years with net profit growing 58.0% a year on average. In terms of operating efficiency, its cost to income ratio reached 51.4% in 2018, compared to 57.9% average in the last three years.
Equity represented 11.9% of total assets or 29.1% of loans at the end of 2018. ForteBank's non-performing loans were 23.7% of total loans while provisions covered some 37.9% of NPLs at the end of 2018.
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