Kazkommertsbank Q1 net profit falls 43 pct to $22 mln

ALMATY Wed May 14, 2014 6:03am EDT

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ALMATY May 14 (Reuters) - Kazkommertsbank , Kazakhstan's biggest bank by assets, said on Wednesday its net profit fell by 43 percent to 4.0 billion tenge ($22 million) in the first quarter from 7.0 billion a year earlier.

($1 = 182.05 tenge) (Reporting by Dmitry Solovyov; editing by Jason Neely)