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12.03.2025 14:33 #Corporate events

Consolidated financial statements of ForteBank for 2024 and the auditor's report have been published

/KASE, March 12, 2025/ – The consolidated financial statements of ForteBank JSC (KASE ticker – ASBN) for 2024 and the auditor's report have been published.

According to the report of KPMG Audit LLP, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of ForteBank JSC and its subsidiaries as of December 31, 2024, as well as their consolidated financial results and consolidated cash flows for the year ended on that date, in accordance with International Financial Reporting Standards (IFRS).

According to audited data as of December 31, 2024 (in million tenge, unless otherwise stated):

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                                     as of     as of 
Indicator                          31.12.24 31.12.23​
--------------------------------- --------- ---------
Authorized capital                  329,350   329,350
Equity (capital deficit)            568,184   429,808
Total assets                      4,090,936 3,253,175
Total liabilities                 3,522,752 2,823,367
Net profit (net loss)               160,346   116,437
Book value of common share, tenge      6.11      4.60
ROA, %                                 3.92      3.58
ROE, %                                28.22     27.09
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Financial statements and report published – see more

[2025-03-12]