Analysis of the financial and economic activities of Bank CenterCredit JSC. Centrocredit Centrocredit RK

Loans for legal entities and individual entrepreneurs "Bankom CenterCredit" are issued under several programs, each of which provides for a specific direction for using borrowed money. However, the financial institution does not yet issue unsecured loans.

Bank CenterCredit has many loan options for business entities that need additional funds for their business.

One-time loans for a specific transaction

Both current and new clients of the bank can receive a loan. Loans are issued to organizations and entrepreneurs for purposes such as investment and replenishment working capital enterprises. Moreover, the terms of the loan depend on the goals themselves: money is issued for a period of up to 84 months and 24, respectively. The loan can be issued both in tenge (from 17.8% per annum) and US dollars (from 8% per annum). As part of the loan product, it is possible to issue money under a contract, for example, for the purchase of raw materials.

Loan "Center Contract"

This is the issuance of funds to finance work under a specific contract, the contractor under which is the borrower, and the customer is a company agreed upon by the bank.

This loan is issued in national currency and the period should not exceed the term of the contract. The loan size is determined depending on the presence or absence accounts receivable from the borrower, but in any case cannot exceed 80% of the receivables. The loan is provided in the form bank loan or revolving credit line.

Loan "Center Contract"

Amount of credit

30% of the amount
contract

loan terms

up to 12 months

repayment

monthly

* - a loan is issued only if there is a concluded Contract with the Customer (a company included in the list approved by the Bank)

To obtain a loan, financial statements of the enterprise are provided to the bank to review accounts receivable and analyze the financial condition. The only requirement for the borrower for this loan product is a stable financial condition.

Credit line

A line of credit is a loan for the gradual development of new resources. Suitable for clients, for example, who are buying new special machinery or equipment, if payments under the contract must be made in installments. This form of financing in this case will allow you to save on interest.

The loan is provided to new and existing bank clients for a period of no more than 7 years. The repayment schedule, as well as the interest rate, is set individually.

Overdraft

It is a credit to the client’s current account and is short-term in nature (more details:). Since the current account is credited, the money received by the company can be spent on current settlements with counterparties, paying taxes and other expenses. The loan currency can be tenge and US dollars.

Overdraft at Bank CenterCredit

up to 30% credit
rpm

limit period

up to 28 days

tenge
U.S. dollars

* - flexible repayment schedule

The contract period is 1 year. Wherein maximum term each tranche of the loan can be 28 or 45 days. In the first case - for all borrowers, regardless of the size of the business. And in the second - for clients who have a current account with CenterCredit Bank and whose net turnover amounts to more than 2 billion tenge.

Commercial loan “Business mortgage”

Provided for the purchase of real estate by an enterprise for use for commercial purposes (except for agricultural plots) with a mandatory payment down payment from 30%.

The loan is provided in 2 currencies (tenge and US dollars), and its size is $7 million or the equivalent in national currency. “Business mortgage” is issued for a period of up to 10 years at 18% per annum in tenge and 14% per annum in dollars. Funds are issued against real estate or land.

Loans secured by deposit

Issued for any business purpose of the enterprise and have no limit in size.

The peculiarity of lending is that the collateral in this case is a deposit account opened at the bank. Open deposit must cover the issued loan and interest on it for at least 2 months. The loan term is equal to the deposit term.

Lending with post-financing

They are provided in the presence of concluded contracts with foreign companies, under which cheaper funds from foreign banks are attracted.

The loan currency is tenge and US dollars.

The terms, schedule, tariffs and other conditions of the loan are the same as in a foreign bank.

Loan "Quick Small"

Provided to individual entrepreneurs and small businesses that were registered more than six months ago, have a positive credit history and do not have current overdue or deferred payments.

Loan "Fast Small"

Amount of credit

up to 50 million tenge

loan terms

up to 36 months

repayment

monthly

* - fast processing times for applications

Such a loan is issued against real estate, which must be located within the city of regional significance.

The bank does not take ASZ or bases as collateral industrial purposes, mills and land.

The loan term depends on the purpose of receipt: for the formation of working capital – 12 months, for other purposes – 36 months. The size of the loan depends on the geographical location of the bank branch that issued the funds. For example, maximum size– 50 million tenge (or equivalent in dollars) is issued in Almaty and Astana.

Requirements for borrowers

To approve a loan to a company or entrepreneur, the bank always pays attention to the following points:

1. Providing collateral. Issuance of credit legal entities is almost always carried out with the bank receiving collateral.
2. The borrower has a stable and promising business. The bank's analysts study the market in which the borrower's business is represented and assess the development prospects of the company. The stability of the business is checked by analyzing the accounting financial statements with the calculation of the main indicators of financial and economic activity.
3. Size equity enterprises.
4. Potential sources of loan repayment.

The borrower is also subject to requirements for documents, the main one of which is the reliability of the reporting. Thus, the organization’s documentation provided must necessarily (in addition to its own seal) bear the seal and signature of the Federal Tax Service employee who accepted the reports.

The procedure for obtaining and repaying a loan

Applying for a loan consists of 4 stages:

1. Consultation (duration – 60 minutes). A potential client of the bank is assigned a personal manager. A bank employee studies the applicant’s business, provides him with information on loan products suitable for the specifics of the enterprise, and provides information about necessary documents and requirements for them.
2. Collection of documents (duration depends on the client). At this stage, the organization is preparing documents for consideration loan application and, if necessary, conducts an assessment collateral property in an independent company.
3. Bank examination (duration 10 days). Studying documents and visiting the place of business by bank representatives. Consideration of the issue of granting a loan in the Bank's Credit Committee.
4. Registration and issuance of a loan (duration from 2 days). At this stage, the client is provided with information about the possible loan size and interest rate, comments are voiced (if any) and time is given to correct them. If the client is satisfied with the conditions, a loan repayment schedule is drawn up and a loan agreement is signed.

Specific repayment terms vary from person to person. Payment of interest on the loan is made within the terms established by the agreement and in the amount determined by the payment schedule. Deviation from these points will result in penalties and fines.

You can familiarize yourself with the tariffs of Bank CenterCredit for carrying out loan operations.

Loan refinancing

The term “refinancing” means taking out a new loan to pay off an old one. By its nature, refinancing refers to target loan, since the contract clearly states the purpose - to repay another current loan. This service is also available at Bank CenterCredit.

Loans to cover other loans are issued only in the national currency of Kazakhstan. If an organization takes out a loan to cover a loan taken to replenish working capital, then the loan period will be equal to 1 year, and in the case of repayment of debt issued for investment purposes - up to 7 years.

When concluding a contract with a client, a individual schedule loan repayment. The loan must be secured, and the share of liquid collateral must be at least 50%.

Support for entrepreneurs

Bank CenterCredit cooperates with several funds and together with them provides “light” options for loans for the development of small businesses under the following programs:

1. Regional funding. Implies the issuance of loans for the acquisition or modernization of fixed assets, as well as the purchase current assets. The conditions for the provision of borrowed resources depend on the lending region.
2. Women's entrepreneurship. The program involves issuing loans in an amount of no more than 30 million tenge for a period of up to 60 months. at 12% per annum. A distinctive feature is that the entrepreneur or head of the organization must be a woman.
3. Support for small and medium-sized enterprises engaged in the manufacturing industry. Loans are issued for a period of up to 120 months. at 6% per annum. Maximum amount– 1,850 million tenge.
4. "Business Road Map - 2020." There are 3 areas here: supporting business initiatives, improving the health of entrepreneurs and reducing currency risks. Depending on the direction, it is possible to subsidize the interest rate up to 10% per annum.

In addition, the bank lends to clients under joint programs with the Asian Development Bank and the European Bank for Reconstruction and Development.

Corporate card

In 2020, Bank CenterCredit issues corporate card"Visa Business Credit". The card is linked to the current account of a legal entity, which means that when paying with it, money is debited from the organization’s account.

Unlike similar products from other banks, the Bank CenterCredit corporate card is a credit card.

The main convenience of the card is the ability to issue it to several employees who regularly make entertainment expenses or receive travel allowances.

To obtain a credit card, no collateral is required, but certain conditions must be met for borrowers:

• be a client of Bank CenterCredit for at least a year;
• operate for at least a year;
• have a positive credit history;
• not have the account blocked or seized at the request of third parties for the last 6 months (for example, at the request of the tax office).

The interest-free period on the card is 50 days; at the end of it, 22% per annum will be charged on the funds provided.

Thanks to online technologies, you can control the movement of money on your card at any time.

reference Information

Registration number: 121

Date of registration by the Bank of Russia: 28.02.1992

BIC: 044525514

Main state registration number: 1027739198387 (16.09.2002)

Authorized capital: RUB 6,695,904,540.00

License (date of issue/last replacement) Banks with a basic license are banks that have a license whose name contains the word “basic”. Other operating banks are banks with a universal license:
License to attract deposits and placement precious metals (17.12.2014)
General license for banking operations (12/17/2014)

Participation in the deposit insurance system: Yes

About Bank CentroCredit

CentroCredit Bank was founded in 1989. Currently, the organization belongs to several persons, including A.I. Tarasov, I.Yu. Korbashov and others. CentroCredit is a regional bank. The client base of this credit institution consists of individuals, individual entrepreneurs, as well as legal entities.

Services of CentroCredit Bank

Currently, CentroCredit provides various services to its own clients. Among them:

• time deposits;
• various types of loans, as well as credit cards leading banking systems;
• exchange transactions for both individuals and legal entities;
• bank transfers;
• safe rental;
• provision of settlement and cash services for enterprises;
• work with securities.

The represented credit institution is located in Moscow; CentroCredit is not represented in other cities. Customer service is also carried out through (there are 8 such devices in Moscow) or through electronic devices belonging to the partners of the credit institution.

No. 248 of December 13, 2007

All types banking

Bank of Traditional Values

Kazakhstan: Almaty

Bakhytbek Baiseitov (Chairman of the Board of Directors),
Lee Vladislav (Chairman of the Board)

Bank Center Credit- the fourth commercial bank in Kazakhstan in terms of assets as of April 1, 2011. The head office is located in Almaty.

Story

On September 19, 1988, the Alma-Ata Central Cooperative Bank was registered. In the history of domestic financial institutions The bank received license No. 4 from the State Bank of the USSR. In 1991, the State Bank of the Kazakh SSR re-registered the Alma-Ata Central Cooperative Bank into the Kazakh Central Joint-Stock Tsentrbank. The following year the bank received general license National Bank of the Republic of Kazakhstan for conducting banking operations in foreign currency.

In 1996, the bank became the only representative of the Western Union international money transfer system Central Asia and Kazakhstan. In 1998, a merger took place between Zhilstroybank CJSC and Bank CenterCredit OJSC. In 1999, Bank CenterCredit was one of the first among second-tier banks to become a participant in the Kazakhstan Deposit Guarantee Fund. The bank's shares were included in official list category "A" of the Kazakhstan Stock Exchange. On July 14, 1999, BCC Invest became part of the banking group.

In 2000, the bank was accepted into the VISA International system as a participating member, issuing and servicing services are provided plastic cards VISA. In 2001, the bank became an open people's joint stock company and began to develop as a financial group; subsidiaries were created - NPF "Capital" and leasing company"CenterLeasing" In 2005, a representative office of the bank was opened in Moscow. On February 15, 2005, the bank made its debut issue of Eurobonds in the amount of $200 million.

In 2008, a subsidiary bank was opened in Moscow - Bank BCC-Moscow LLC. In the same year, Bank CenterCredit signed an agreement with its strategic partner, South Korean Kookmin Bank. In 2009, an agreement was signed between the shareholders of CenterCredit Bank, Kookmin Bank and IFC, on the basis of which Kookmin Bank increased its share in the bank’s capital and IFC acquired a 10% stake. In 2010, Bank CenterCredit, Kookmin Bank and the International Finance Corporation completed a transaction to participate in the capital of the bank. In the same year, a representative office of the bank was opened in Kyiv.

Owners and management

According to a certificate from the register of shareholders of the Bank CenterCredit Joint Stock Company, shareholders owning more than 1% of the common voting shares of the Bank CenterCredit Joint Stock Company, as of 02/01/2012, are:

1. Baiseitov Bakhytbek Rymbekovich (citizen of the Republic of Kazakhstan, lives in Almaty) - 30.85%

2. KOOKMIN BANK (registration: Republic of Korea, Seoul, registration number 110111–2365321 dated November 1, 2001, Business Registration Certificate 5959-349-7219-882, Postal address: 9-1, Namdaemunno 2(i)- ga, Jung-gu, Seoul, Korea) - 29.57%

(The sole shareholder (holder of 100% shares) of KOOKMIN BANK is KB Financial Group Inc (registered on September 29, 2008, Mailing address: 9-1, Namdaemunno 2-ga Jung-gu, Seoul, 100-092, Korea). KB Financial Group Inc. is a public company (joint stock company) and the shares of which (according to the Certificate of Receipt) stock quotes, issued by the Korea Exchange) since October 10, 2008. and are currently listed on the Korean Stock Exchange.)

3. International Financial Corporation (IFC) (registration: USA, Washington, document confirming the registration of legal entity No. 1 dated 10/01/1955, Postal address: 2121 Pennsylvania Avenue, NW Washington, DC 20433 USA) - 12.42%

4. Lee Vladislav Sedinovich (citizen of the Republic of Kazakhstan, lives in Almaty) - 3.68%

5. Amankulov Dzhumageldy Rakhishevich (citizen of the Republic of Kazakhstan, lives in Almaty) - 2.32%

6. CATAPEL LIMITED (registration: Cyprus, Nicosia, document confirming the registration of a legal entity No. 167175 dated October 26, 2005) - 1.56%

The chairman of the board of the bank is Vladislav Sedinovich Lee, the chairman of the board of directors is Bakhytbek Rymbekovich Baiseitov.

Activity

The bank specializes in providing services to small and medium-sized businesses, as well as the corporate and retail sectors. The bank's branch network throughout Kazakhstan includes 20 branches, 180 branches, 666 ATMs and 1,033 POS terminals in trade and service enterprises. There are representative offices abroad. In particular, the subsidiary bank in Russian Federation LLC "Bank BCC-Moscow" and representative offices in Kyrgyzstan and Ukraine. The number of employees is almost 5,000 people.

Financial indicators

The bank's assets as of December 31, 2010 amounted to 1,224.6 billion tenge, the bank's liabilities as of December 31, 2010 amounted to 1.14 trillion tenge, equity capital - 84.8 billion tenge, authorized capital- 70 billion tenge. The bank's net profit for 2010 amounted to 30.669 million tenge.

Affiliated companies

BCC has two local subsidiaries in the field of brokerage-dealer activities of BCC Invest JSC and asset management and pension services of NPF Capital JSC, and is also a principal member of international payment systems Visa International and MasterCard International.

Bank projects

www.startme.kz– a website created by the bank to enter the market of new credit products, developed jointly with JSC Entrepreneurship Development Fund “DAMU”. On November 20, 2012, a presentation of a new product line took place in Almaty:

• DAMU Garant - business loan for those who do not have enough collateral;
• DAMU Business - a loan for the development of an existing business with a reduced interest rate;
• DAMU Export - loan for exporters with a reduced interest rate;
• DAMU StartUp is a loan for those who want to start a new business.

DAMU StartUp is a unique service for small businesses that has no analogues on the Kazakh market. On www.startme.kz Users have basic information about support programs for entrepreneurs, as well as an on-line loan application.

The bank was established at the end of 2007 in Moscow under the name Bank BCC-Moscow LLC as a subsidiary of the Kazakh JSC Bank CenterCredit. License for banking operations Russian bank received in March 2008, and to attract deposits Money individuals - in September 2010 (became a member of the system compulsory insurance deposits of individuals). In June 2018, the official name of the bank was changed to RAM Bank LLC.

Until recently, 100% of the shares of the credit institution belonged to the Kazakh bank Bank CenterCredit JSC. The largest beneficiaries of the latter are the Korean KB Kookmin Bank (29.98%), International Finance Corporation (IFC) (12.59%), Chairman of the Board of Directors Bakhytbek Baiseitov (31.91%), among the minority shareholders is the State Property and Privatization Committee of the Ministry finance of the Republic of Kazakhstan. In February 2016, Bank CenterCredit JSC sold 100% of its stake in Bank BCC-Moscow LLC to private Russian investors.

Currently, the participants of RAM Bank are 11 individuals with shares of 9.09% each: Andrey Green, Rosa Fedorova, Ruslan Eseneev, Natalya Bogosta, Irina Vereshchaga, Alexey Filippenko, Irina Sivokon, Ekaterina Poddueva, Lyudmila Vladimirova, Natalya Sitdikova and Asylbek Tleubaev ,

The bank operates through a single office located in Moscow. The credit institution has one of its own ATMs (in the central office), and the partner network of Russian Standard JSC is also available to clients. The headcount as of January 1, 2018 was 68 people (75 a year earlier).

Services for corporate clients and individual entrepreneurs include cash settlement services, lending, letters of credit and bank guarantees, factoring, deposit and bill programs, remote maintenance, salary projects, support of foreign trade activities, etc.

Individuals are offered cash settlement services, consumer loans secured by real estate, currency exchange, Money transfers(CyberPlat, Western Union), bank cards(Visa), etc.

The volume of net assets of the credit institution has increased since the beginning of the year by 1.2% (or 35.4 million rubles), amounting to 3 billion rubles as of November 1, 2018.

The growth of the balance sheet currency is primarily due to the influx of funds raised for interbank market, which led to an increase in the bank's resource base. In the active part of the balance sheet, newly raised funds were primarily used to increase the volume of the total loan portfolio and securities portfolio.

The structure of the credit institution's liabilities is poorly diversified by sources of attraction and is characterized by an extremely high dependence on funds from legal entities, whose share as of the reporting date amounted to 61.5% of the credit institution's total net liabilities. During the period under review, the structure of liabilities underwent the following changes:

The share of funds raised from individuals in liabilities decreased from 11.4% to 11.1%, while their nominal volume decreased by 5.7 million rubles;

The share of funds raised from legal entities in liabilities decreased from 65.7% to 61.5%, while their nominal volume decreased by 98.7 million rubles;

The share of funds raised from banks in liabilities increased from 0% to 2.4%, while their nominal volume increased by 92.9 million rubles;

At the reporting date credit organisation does not have its own issued securities on its balance sheet.

Volume own funds credit organization as of November 1, 2018 amounted to 2.1 billion rubles; since the beginning of the year, this figure has increased by 1.4% (or 28.7 million rubles). The shares of own and borrowed funds as of the reporting date are 69.5% and 30.5%, respectively. The equity adequacy ratio (N1.0) as of the reporting date is met with a significant margin, amounting to 57.76% (with a minimum of 8%).

The main volume of the credit institution's assets falls on the loan portfolio item, which at the reporting date forms 84.8% of net assets. Shares of assets generating interest income, and other assets as of November 1, 2018 are 86.4% and 13.6%, respectively.

During the period under review, the asset structure underwent the following changes:

The share of investments in the total loan portfolio increased from 78.9% to 84.8%, while their nominal volume increased by 203.2 million rubles;

As of the reporting date, the credit institution has no investments in the securities portfolio;

The share of issued interbank loans decreased from 4.8% to 1.6%, while their nominal volume decreased by 95.2 million rubles;

The share of highly liquid assets decreased from 6.8% to 4.9%, while their nominal volume decreased by 54.1 million rubles;

The share of fixed assets decreased from 6.3% to 6%, while their nominal volume decreased by 9.4 million rubles;

The share of other assets decreased from 3.1% to 2.8%, while their nominal volume decreased by 9.2 million rubles.

As of the reporting date, the total loan portfolio of the financial institution is 2.5 billion rubles. Since the beginning of the year, its volume has increased by 203.2 million rubles (or 8.8%). The main share of the loan portfolio falls on loans provided to legal entities - 100%. The loan portfolio is predominantly short-term: the share of loans issued for a period of less than one year is 96.8%. During the analyzed period, the level of overdue debt in the total portfolio decreased from 3.3% to 2.1%. At the same time, the level of reservation according to loan portfolio is 14%, which completely covers the amount of overdue debt. The value of the property pledged as collateral for loans is 3 billion rubles (118% of the loan portfolio).

On interbank market The credit institution works both ways. The volume of allocated funds as of November 1, 2018 is 46 million rubles. The volume of funds raised as of November 1, 2018 is 69.9 million rubles. On foreign exchange market The financial institution is showing weak activity; turnover on conversion operations at the end of the last month is at the level of 1.5 billion rubles.

According to RAS reporting data, at the end of 2017, the credit institution made a profit of 32.1 million rubles. Based on the results of January - October 2018, the credit institution shows a profit of 28.2 million rubles.

Board of Directors: Denis Shiryaev (chairman), Natalya Asanovich, Irina Vereshchaga.

Governing body: Natalya Asanovich (chairman), Nadezhda Ivanova, Olga Makarova.

Joint Stock Company "Bank CenterCredit" was created on September 19, 1988 and is one of the first commercial banks in Kazakhstan.

This is the only financial institution created back in Soviet times and still operating successfully; for many years the bank was included in the list of six largest players banking sector in terms of assets, in 2014 it ranks fourth in terms of this indicator.

The history of the bank's creation begins with the founding in 1988 of the Alma-Ata Central Cooperative Bank - one of the first commercial banks created in the USSR.

By mid-1988, 12 thousand cooperatives were registered in Kazakhstan, employing 175 thousand people. There were more than 700 cooperatives in Almaty and the region. Some of them united into a union, under the auspices of which the Alma-Ata Central Cooperative Bank was created.

In the first years of operation, the bank was constantly in the attention zone of the republican office of the State Bank of the USSR, and then the National Bank of Kazakhstan. Its creation was supported by the Central Committee of the Communist Party of the Kazakh SSR, because instructions were given from above to promote the cooperative movement.

The bank's resource base consisted of balances on the current accounts of enterprises. This money was the source of lending. The authorized capital was formed from contributions from cooperative unions. Then the bank began to attract clients - businesses that have account balances. One of the bank's first clients was the Kazakh Society of the Blind; there were also various self-supporting Komsomol and youth organizations. Plus there were loans from state banks: in the early 1990s, Sberbank issued the first interbank loan in the amount of one million rubles. This was already heavily depreciated money, but all this created a resource base for issuing loans to cooperatives.

In 1991, based on the decision of the founding conference dated March 6 of the same year, Alma-Ata Central Co-operative Bank renamed to Kazakh Central Joint Stock Bank"Center-Bank", whose charter is registered State Bank Kazakh SSR on August 12, 1991, No. 21.

In 1996, the bank re-registered its legal form and changed its name to OJSC Bank CenterCredit.

In 1997, Bank CenterCredit OJSC won the tender for the privatization of Zhilstroybank CJSC, and in 1998 the two banks merged; in fact, it was then that Bank CenterCredit was created in the form in which it still exists.

In 1999, Bank CenterCredit was one of the first among second-tier banks to become a participant in the Kazakhstan Fund for Guaranteeing (Insurance) of Individual Deposits.

On July 1, 1999, the Code of Conduct for senior and middle managers was approved. The main provisions of the code helped shape the modern corporate spirit and style of behavior.

In pursuance adopted Law of the Republic of Kazakhstan “On Joint Stock Companies” dated May 13, 2003. In 2004, Bank CenterCredit OJSC re-registered its organizational and legal form and changed its name to Bank CenterCredit JSC.

March 17, 2008 The bank announced the acquisition of a 30% stake in the capital of South Korean Kookmin Bank with the further prospect of increasing its participation to 50.1% or higher.

Kookmin Bank is the largest financial institution in Korea, serving more than 26 million customers in 1,204 branches. Kookmin Bank is headquartered in Seoul and is listed on the Seoul and New York Stock Exchanges. stock exchanges, the bank has representative offices in Hong Kong, Tokyo, London, Auckland, New York, Guangzhou, Almaty, Kyiv, Ho Chi Minh City and Jakarta.

On August 27, 2008, Kookmin Bank of Korea completed the acquisition of a 23% stake in the capital of BCC for the amount of 59.9 billion tenge (equivalent to $500 million). This was preceded by Kookmin obtaining all necessary regulatory approvals, including permission from the Agency for the Protection of Competition and the Agency for Regulation and Supervision of the Financial Market and financial organizations Republic of Kazakhstan.

At the time of the acquisition of Bank CenterCredit shares, representatives of the South Korean side noted that they agreed to conclude the said transaction precisely when Central Asia begins to benefit from its natural resources. Before that, such acquisitions were made mainly by Western European banks. Thus, the management of Kookmin Bank planned to enter the CIS region in the future through the acquisition of a stake in Bank CenterCredit JSC.

In August 2008, Kookmin Bank acquired a 23% stake in the Bank. As of December 31, 2009, Kookmin Bank's share in the authorized capital of Bank CenterCredit JSC was 30.52%.

On February 25, 2010, strategic partners Bank CenterCredit JSC, Kookmin Bank Co Ltd and the International Finance Corporation (IFC) completed a transaction to participate in the capital of Bank CenterCredit. As a result, Bank CenterCredit received strong support in the form of a new share capital, amounting to 17.2 billion tenge. Kookmin Bank increased its stake to 41.94%.

The strategic cooperation between the Bank and Kookmin Bank will allow two leading financial institutions to combine their skills and experience in order to maximize effective use huge business opportunities.

JSC "Bank CenterCredit" is one of the few banks that, having survived all the difficulties of the transition market economy, has remained consistently reliable and profitable for 25 years.

The main activity of Bank CenterCredit JSC (BCC) is commercial banking, transactions with securities, loans, foreign currency and derivative instruments, providing loans and guarantees.

The bank offers clients a wide range banking services- lending in tenge and foreign currency, accepting deposits, making payments and transfers, currency exchange, servicing credit cards, providing custodial services to Kazakhstani investors, other services, expanded the network of branches and their deposit funds. The Bank's main clients are medium and small businesses, individuals, large national companies, and state enterprises. The bank is one of the first participants in the Kazakhstan Fund for Guaranteeing (Insurance) of Individuals' Deposits in Second-Tier Banks.

The sales network of BCC as of January 1, 2014 includes 20 branches and their 128 structural divisions.

Structural divisions of branches are presented in the following formats:

• - Operational management(Opera) - 20;
• - VIP center - 1;
• - Financial service center - 28;
• - Retail service center - 30;
• - Cash settlement department - 49.

BCC has its branches in all regional centers and large cities of the Republic of Kazakhstan. In total, branches and their structural units located at 38 populated areas throughout the territory of Kazakhstan.

Structural divisions of the BCC, regardless of their type - Opera, VIP-center, Central Federal District, Central Regional Office, RKO - provide a full range of banking services: settlement and cash services, lending, deposits, current accounts, transfer operations, payment cards, guarantees, safe services and more.

BCC has long-term correspondent relationships with financial institutions in the CIS countries, Kazakhstan and abroad. This significantly contributes to expanding the geography of trade and financial operations of the bank's clients.

The Bank actively interacts with global development financial institutions, such as the European Bank for Reconstruction and Development (EBRD), FMO (Netherlands), DEG (Germany), International Finance Corporation (IFC), Asian Development Bank (ADB), OPIC (USA) and Eurasian Bank Development Bank (EDB). Long-term cooperation with international organizations is recognition of the financial stability of BCC, the transparency of its activities, and reliability for clients and partners.

The bank is the parent company of the banking group. BCC has three local subsidiaries in the field of brokerage-dealer activities, asset management, leasing and pension services, as well as a subsidiary bank in the Russian Federation, LLC Bank BCC - Moscow (see Table 3).

Table 3

Subsidiaries of JSC "Bank CenterCredit"

The correspondent network of Bank CenterCredit JSC includes about 40 foreign banks, which allows settlements throughout the world. The bank has installed 1,350 POS terminals.

The bank's mission is "One of the best banks providing quality service, new products and customer-oriented tools."

The corporate values ​​are: "Honesty. Professionalism. Efficiency. Friendliness."

The bank's governing bodies are presented in Figure 4.

The competence of the bank's management bodies is determined by the Charter, registered on May 25, 2004 in the Department of Justice of Almaty. Issues related to the activities of the Bank as a joint stock company, not reflected in the charter, are regulated by the current Law of the Republic of Kazakhstan "On Joint stock companies" and other regulations.

Figure 4. Management structure of Bank CenterCredit JSC

The bank's organizational structure includes the head office, 20 branches and 98 cash settlement branches.

The head office is a methodological center that coordinates the activities of all branches and provides them with comprehensive support.

The head office is represented by the following Departments:

• - Treasury Department
• - Risk Analysis and Management Department
• - Department credit risks
• - Small and Medium Business Lending Department
• - Administrative department
• - Finance Department
• - Retail Business Department
• - Corporate Finance Department
• - Department international relations
• - Internal Audit Service

Each department includes several directorates.

The main tasks facing the Treasury Department are control and support brokerage services and dealer operations of the bank, liquidity monitoring and control over compliance with prudential standards, provision of branches cash currency and monetary resources, formation and management of the banking securities portfolio.

The Risk Analysis and Management Department was established in August 2002. His tasks include creating and improving effective system risk management. The department constantly monitors the macroeconomy, prepares forecasts for further market development, analyzes the activities of competitors and conducts a SWOT analysis of the bank. Based on the analytical information used, the Department identifies all risks to which the bank is or may be exposed, measures them, sets up a control environment and continuously monitors the bank’s performance indicators associated with risks.

The Credit Risk Department develops the bank’s internal credit policy, prepares methodological and regulatory framework on lending activities, analysis and monitoring of the loan portfolio of the entire Bank and branches, customer service in the field of lending, trade finance, mortgage lending, as well as financing through international financial institutions, analysis of real estate market conditions, work with problem loans, preparation of reports in accordance with requirements National Bank Republic of Kazakhstan.

The Small and Medium Business Lending Department carries out the tasks of attracting and servicing the small and medium business sector, coordinates loan sales depending on regional, industry and seasonal needs, develops and promotes loan products, guarantees, trade finance, etc., implements the methodology for promoting credit products.

The Administrative Department carries out the implementation of the Bank's personnel policy as a whole, methodological guidance of the documentation process, material and technical supplies (communications, transport, warehouses), organization of security and collection services, provision of legal support to all services of the bank, organization of claim work.

The financial department analyzes budget implementation, expert assessment of profitability, regulates current taxation processes and organizes tax accounting in the bank, providing methodological guidance in the field of maintaining accounting and reporting, implementation of back-office functions.

The Retail Business Department coordinates the sales process banking products through the branch network, leads the development and implementation of new products, monitors the technical condition and administers the bank’s local network and existing database servers, develops software, maintaining the bank's computer park in working order. In addition, the Department carries out work on retail lending.

The main tasks of the corporate finance department are to work with corporate clients bank attraction and service as well as promotion credit history and the image of the bank on international capital markets as an attractive investment target in Kazakhstan. Development of the bank's corporate business, organizing the attraction of borrowed funds, long-term investments from international financial institutions for further financing of projects of corporate clients.

The main objectives of the International Relations Department are to develop the bank’s international business, promote the bank’s image international market capital.

The bank also has four permanent committees:

• - Credit Committee, designed to reduce credit risks and prevent bias and outside influence on credit decision-making
• - Asset and Liability Management Committee, which manages assets, liabilities and financial risks
• - Audit Committee
• - Nominations and Social Affairs Committee

As of January 1, 2014, the number of outstanding common shares was 162,456,800, preferred shares, convertible into common shares - 39,249,255 pieces, authorized capital paid in the amount of 69,751 million tenge.

Major shareholders of the bank, owning 5 percent or more of the outstanding shares, are presented in Table 4.

Table 4

Major shareholders of Bank CenterCredit JSC

The bank's own capital in 2013 increased by 4,300 million tenge and amounted to 141,698 million tenge as of January 1, 2014. Figure 5 shows the structure of equity capital of Bank CenterCredit JSC.

As we can see, the largest share in the bank’s capital structure is occupied by the authorized capital, however, its share in 2013 compared to 2012 decreased by 3 percentage points. and amounted to 48;%. Slightly more than a third of the capital structure is occupied by subordinated debt (31% and 33% in 2013 and 2012, respectively).

Figure 5. Structure of equity capital of Bank CenterCredit JSC, %

Bank CenterCredit JSC occupies a stable position in the banking services market of Kazakhstan (see Table 5).

Table 5

Share of Bank CenterCredit JSC in banking system RK, %

At the end of 2013, in the ranking among second-tier banks, the bank ranks fourth in terms of assets, volume of deposit and loan portfolios. The bank ranks 6th in terms of equity capital.

The stability of development, stable financial condition and creditworthiness of BCC were noted by international rating agencies. As of December 31, 2013, BCC has the following credit ratings: Fitch B+, Moody's B2 and S&P B+ (see table 6).

Based on the results of 2013 international agency Global Finance Review recognized BCC " The best bank Kazakhstan in 2013 for small and medium-sized businesses."

Thus, the bank, while maintaining its competitiveness and relevance, continues to strengthen its position in financial market Kazakhstan.