Auditor's report on 2018 financial statements of Subsidiary Bank Alfa-Bank released
/KASE, April 24, 2019/ – Subsidiary Bank Alfa-Bank (Almaty), whose bonds are 
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with an 
auditor's report on the bank's financial statements for 2018.

According to audited data as of December 31, 2018 
(in th. tenge, if not otherwise specified):
                            as of       as of
Indicator                31.12.18    31.12.17
--------------------- ----------- -----------
Equity                 64,817,772  58,528,187
Total assets          415,312,999 379,190,501
Total liabilities     350,495,227 320,662,314
Net income (net loss)   9,914,787   6,466,309
ROA, %                       2.39        1.71
ROE, %                      15.30       11.05

The bank's financial statements for 2018 were audited by PricewaterhouseCoopers 
LLP. According to the auditor, the financial statements reflect reliably in all 
significant relations the financial position of Subsidiary Bank Alfa-Bank as of 
December 31, 2018, as well as its financial results and cash flows for the year 
ending as of the specified date, in accordance with the IFRS.

The report is available on KASE website at