Consolidated statements of ATFBank for 2019 to show growth in key financial indicators


KPMG the international audit company has completed audit of the financial statements of ATFBank for 2019.

According to the financial statements, the assets of ATFBank increased year-on-year and amounted to 1,377 billion tenge in 2019, as well as the dynamics of liabilities where the volume at the end of the reporting year exceeded 1,259 billion tenge.  

The main sources of growth of the bank's annual indicators were high activity of the bank in providing financial services to business entities and in the retail market, an increase in the volume of lending as a whole, as well as the growth of active client base. As a result, at the end of 2019, operating income increased by 16.4% and exceeded 70 billion tenge. Growth was driven by net interest income, which reached 44 billion tenge with an annual increase of 23%, as well as net fee and commission income, which amounted to 17.1 billion tenge, which is 17.6% higher year-on-year. The growth of these indicators was influenced by a significant increase in the client base: in retail - 19%, in SME - 12% and in corporate - 10.5%.

 "In 2019, we continued to implement our development strategy, where the main priorities are given to the segments of small and medium-sized business, as well as the retail business. Its solvency and prospects are confirmed by the bank's indicators, which were reflected in the final consolidated financial statements for the past year, as well as in the ratings of international rating agencies received by the bank, - Sergey Kovalenko, CEO of ATFBank noted. - By carrying out strategic tasks efficiently and consistently, we were also able to create that solid foundation for our development, which provides the bank with confident stability in the current 2020, along with all its challenges. It is also important that we are able to continue to preserve and maintain high confidence of our clients and remain a reliable financial partner for them against the background of any global and local events and economic conditions."  

ATFBank observes and maintains high performance in all required financial ratios, including ratios in relation to the level of capital adequacy and exposure to credit risk. Thus, the capital adequacy ratio k2 at the end of 2019 amounted to 23.2%, showing an increase of 20.8% year-on-year. In addition, the bank continues to implement active measures to improve the quality of its loan portfolio. This allowed during the reporting year to reduce the level of loans with overdue debt 90+ (NPL) from 9.25% at the end of 2018 to 7.16% in 2019 and thereby further increase the financial stability indicators. In general, all this serves ATFBank as a solid foundation for further stable development and increase in the volume of assets. 


ATFBank JSC (hereinafter - the Bank) is one of the largest banks of Kazakhstan in terms of assets. The main shareholder of the Bank with 99.76% stake is KNG Finance LLP. 25-year history and rich experience of cooperation, both with Kazakhstani and foreign structures, allowed the Bank to establish itself as a reputable player in the market of banking services.

The Bank develops a universal profile and provides a full range of banking services: corporate; retail; SME; Private Banking. The bank has 17 branches in all regional centers of Kazakhstan and a wide network of branches and ATMs.

+7 701 77 11 543,,