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Almaty: 10 million USD syndicated loan organized by JSC Bank TuranAlem for Ukrainian OJSC Commercial Bank "Nadra" was cancel

Almaty: On July 13, 2004, Moody's upgraded its outlook for Kazakhstan to positive from stable for its Baa3

Almaty: Press Release. In response to recent press reports, regarding the current tax examinations
A representative of Bank TuranAlem, in response to recent press reports, stated that the Bank does not consider the current tax examination that is in process to be a probe of any kind nor does it see it as having any similarity to the Russian Yukos situation as press reports seem to imply. Mrs. Maksutova, Head of Tax Department of Bank TuranAlem, stated that the Bank is undergoing what she considers to be a normal tax examination