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Bank TuranAlem is the first to collect $1 billion in short-term deposits.

05.06.2006 / Press-service

Kazakhstan citizens proved the consolidation of trust to Bank TuranAlem. BTA is the first bank in Kazakhstan to collect $1 billion in short-term deposits.

"BTA is dynamically strengthens its positions in retail banking market. Clients - physical persons placed 1 billion US dollars. People’s trust of savings to us is an achievement of the whole team." – says Bolat Baimirov, Deputy Chairman.

BTA’s share in the market of short-term deposits is 21.2%, portfolio’s growth in one year – $167 million.

JSC "Bank TuranAlem" – the system-making bank of Kazakhstan, the leader in creation of banking network on the territory of CIS. Bank’s assets exceed $9.2 billion; equity capital exceeds $1.5 billion. Bank’s shareholders are the world largest institutions such as EBRD, RZB, IFC and FMO. In Kazakhstan the Bank confidently holds the leading position among the second-tier banks in the field of trade financing, SME loans and mortgage lending. Bank’s development strategy includes geographical diversification and the expansion of the range of provided services, as well as stable dynamic growth. Bank’s representative offices network spans over Russia, Belarus, Kyrgyzstan, Ukraine, Armenia, Tajikistan, Georgia and China.