Keremet Bank: financial indicators for the first half of the year show stable growth
The financial indicators of Keremet Bank as of the last reporting date – June 30, 2021– demonstrate a positive trend set a few months earlier.
- The bank's net profit in accordance with the IFRS for the first half of the year amounted to 35.6 million soms against the background of a loss of 173 million soms observed a year earlier. Providing jobs for more than 550 citizens of Kyrgyzstan, Keremet Bank is a major taxpayer, which transferred 58 million 506 thousand soms to the country's budget for the specified period in 2021.
"Having achieved a stable growth in net profit and assets for the reporting first half of 2021, despite the various pessimistic scenarios previously expressed, the bank demonstrates self-sufficiency and self-repayment, which is a confirmation of the high professionalism of the entire team of the bank in achieving the goals and objectives for 2021," said the Chairman of the Management Board of OJSC "Keremet Bank" Toktogul Rysbek. – Our net profit was formed as a result of hard work and improvement of indicators in almost all areas of activity, in lending, in operational services, card, currency and other operations, despite the economic difficulties in the country associated with the COVID-19 pandemic. I am sure that this is just the beginning of our successful path."
The bank continues to increase its loan portfolio with stable quality – since the beginning of the year, its volume has increased by 500.2 million soms, amounting to 7.2 billion soms. After additional capitalization by the main shareholder (NBKR), Keremet Bank continues the successful implementation of the "Social Mortgage" - a project for preferential housing lending to employees of public organizations. In the first half of 2021, 218 families were able to purchase affordable housing in all regions of Kyrgyzstan for the amount of 327 million soms, and during the two years of the program's existence - 1 480 families for a total of 2.2 billion soms. The systematic and step-by-step solution of issues with the sale of other property also contributes to the increase in net profit.
Thanks to a wide regional coverage, applied digital technologies and developed infrastructure of 600 modern banking devices, presented even in the most remote areas of the country, Keremet Bank today has more than 155 thousand loyal clients! And the bank continues its dynamic development, introducing the most modern banking solutions and remaining strategically important in the Kyrgyz market.
It is important to note that today, having the largest share capital among the commercial banks of Kyrgyzstan - 8.6 billion soms, Keremet Bank is considered to be one of the most stable financial organizations in the country's market.
For all service issues in Keremet Bank, you can contact the bank's service points, the round-the-clock contact center by calling 0 (312) 55 44 44 or via WhatsApp (0 557) 55 44 44, as well as through social networks and the bank's corporate website.
Keremet Bank – BANK OF OPPORTUNITIES!
