Kazakh bank BTA eyes portfolio growth, profit
ALMATY, Sept 1 (Reuters) - Kazakh bank BTA, fresh from a restructuring that slashed its debt by two thirds, aims to grow its loan portfolio by 10 percent annually until 2014 and forecasts a net profit in excess of $100 million next year.
IFR: BTA Sets out Post Restructuring Plans - Sandrine Bradley
As the restructuring of Kazakhstan’s BTA Bank enters its final phase, chairman Anvar Saidenov has set out the bank’s post-restructuring plans and has predicted that it will remain in the hands of state fund Samruk-Kazyna for the foreseeable future.
INTERVIEW: BTA Back from Brink but Still has Legacy Issues
With its $11bn debt restructuring agreed, BTA Bank, once Kazakhstan's largest lender, is set to resume its position as a serious competitive force within the sector.