* Net income 4.1 billion tenge
* Makes large impairment charges
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ALMATY, June 24 (Reuters) - Kazakh bank Halyk said on Wednesday its first-quarter net income fell 59 percent to 4.1 billion tenge ($27 million).
Total assets shrank 4 percent in dollar terms during the first three months of this year, Halyk said in a statement.
Halyk reported negative net interest income in the first quarter due to an impairment charge -- provisions against bad loans -- of 28.3 billion tenge.
Kazakh banks face growing bad loans as growth in the central Asian country's oil-dominated economy is slowing down and some economist expect a contraction this year. (Writing by Olzhas Auyezov; Editing by Dan Lalor)