Transcript Leasing in Kazakhstan: post crisis experience April 2010 2007: Overheated economy  TOP 5 Banks in CIS: 2 of them are from Kazakhstan 

Leasing in Kazakhstan: post crisis experience
April 2010
2007: Overheated economy
 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
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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
21,1
85,2
0
2002
2003
2004
2005
2006
2007
2008
2009 F
2008: Crisis
 Liquidity shortage
 Bank Interest rates increased from 10-12% to 18-20%
 Non performing portfolio of leasing companies 30-50%
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Post crisis years
 Liquidity excess
 Volume of new business decreased ~ 5 times
 Total portfolio of leasing companies decreased 30-50%
 Excess of construction equipment on the market
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Post crisis learnings
 Immediate recognition of losses
 Portfolio concentration
 Industry financing limits
 Discipline
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Coping with the problems
 Changing business model
 Scope of services
 Geographic expansion
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Contact info
ARMAN SHARIPOV, CFO
HALYK LEASING (ХАЛЫК ЛИЗИНГ)
98 Zheltoksan Ave.
Almaty, 050000
Kazakhstan
+7 727 239 8797
+7 727 239 8798
[email protected]