OREANDA-NEWS. June 16, 2015. Kazkommertsbank JSC (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release:

SC Kazkommertsbank ("KKB" or the "Bank") (LSE: KKB; KASE: KKGB), one of the largest banks in Kazakhstan and Central Asia, today announces its consolidated IFRS financial results for the period ended 31 March 2015. 1 quarter 2015 highlights:

- Total assets remained flat since YE 2014 and amounted to KZT 4,242 billion

- Tier 1 Capital Adequacy ratio at 11.74%

- Total Capital Adequacy ratio at 13.10%

- Net income amounted to KZT 3.8 billion during the 1Q 2014 - Net transactional fee and commission income increased by 29.5% compared to 1Q 2014

- Provisioning rate on loan portfolio at 17.4%.