Kazakh CenterCredit sees 2010 profit at $34 mln

ALMATY, March 16 | Tue Mar 16, 2010 1:29am EDT

ALMATY, March 16 (Reuters) - Kazakh bank CenterCredit CCBN.KZ expects its profit to rise to 5 billion tenge ($34 million) this year from 3.5 billion tenge in 2009, Chief Executive Vladislav Li said on Tuesday.

"(We expect) out loan book to rise by up to 20 percent," Li told reporters.

CenterCredit, in which South Korea's Kookmin 06000.KS has a stake, is Kazakhstan's fourth-largest lender. (Reporting by Masha Gordeyeva; Writing by Olzhas Auyezov)

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