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Leasing in Kazakhstan: post crisis experience. April 2010. TOP 5 Banks in CIS: 2 of them are from Kazakhstan Total foreign debt of Kazakhstani banks - $46 bn. or 50% of GDP Excessive financing of residential construction sector. 2007: Overheated economy. 1. Leasing Market Forecast.
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TOP 5 Banks in CIS: 2 of them are from Kazakhstan Total foreign debt of Kazakhstani banks - $46 bn. or 50% of GDP Excessive financing of residential construction sector 2007: Overheated economy 1
Leasing Market Forecast USD, mln. 2750 2 577 2500 2250 2000 1750 1 546 1500 1250 1000 763 750 CAGR = 111% 500 415 252 250 172,2 85,2 21,1 0 2003 2006 2007 2008 2009 F 2002 2004 2005
Liquidity shortage Bank Interest rates increased from 10-12% to 18-20% Non performing portfolio of leasing companies 30-50% 2008: Crisis 1
Liquidity excess Volume of new business decreased ~ 5 times Total portfolio of leasing companies decreased 30-50% Excess of construction equipment on the market Post crisis years 1
Immediate recognition of losses Portfolio concentration Industry financing limits Discipline Post crisis learnings 1
Changing business model Scope of services Geographic expansion Coping with the problems 1
ARMAN SHARIPOV, CFO HALYK LEASING (ХАЛЫК ЛИЗИНГ) 98 Zheltoksan Ave. Almaty, 050000 Kazakhstan +7 727 239 8797 +7 727 239 8798 armansh@halykbank.kz Contact info