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Banks in May 2012 - Lending continues, liquidity tightens

Name: 29/06/2012. Halyk Finance: Banks in May 2012 - Lending continues, liquidity tightens
Creator: Cbonds
License: https://creativecommons.org/licenses/by/4.0/

29/06/2012 | Halyk Finance

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In May credit by “good” banks continued to grow. Liquid assets shrank as large corporate clients paid the Mineral Resource Extraction Tax. To report consistently with the IFRS, BTA recognized additional T455bln as NPL which shrank the net loans and widened YtD net loss to T1308bln.

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