Bank TuranAlem and TuranAlem Securities win 09.02.2007
Bank TuranAlem and TuranAlem Securities win "Grand Prix" as "Best Bank 2006" and "Best Management Company 2006"
According to the decision of organizing committee of National Award "Golden Altyn", Bank TuranAlem received as "Grand Prix" in nomination "Best Bank 2006". Subsidiary company "TuranAlem Securities" was awarded with "Grand Prix" as "Best Management Company 2006".
Anvar Saidenov, Chairman of The National Bank of Republic of Kazakhstan, who presented the awards, highlighted: "Golden Altyn" is awarded for the first time. National Bank seeks for more transparency and effectiveness in banks’ activity."
"Last year we doubled our assets, improved dynamics and quality of our management, and continued to diversify financial business to foreign countries. We responsibly carry out the mission of realization of our development strategy, trying to win being mobile and client-oriented", - says Genrig Kholodzinskyi, Deputy Chairman of Bank TuranAlem.
Award ceremony for companies of banking, insurance, pension funds, securities, leasing and audit sectors took place on February 8, 2007 in Concert Hall of Conservatory.
JSC "Bank TuranAlem" (BTA) is the core of the financial group, present in all market segments. BTA is the system-making bank of Kazakhstan and the leader in creation of banking network in the CIS countries. BTA Group includes insurance, leasing, mortgage companies and pension fund. Network of strategic partner-banks expands to Ukraine, 4 regions of Russia, Belarus, Georgia and Armenia. BTA representative offices can be found in China, Kyrgyzstan, Tajikistan and UAE. For the beginning of 2007, BTA's assets exceeded $15 bn USD, while its total equity capital approximates $2 bn USD. In last four years Bank’s assets grew more than 8 times. BTA confidently holds the leading position in trade financing, SME lending and mortgage loans among Kazakhstan's second-tier banks. BTA’s present Kazakhstan market share is 34.5%. Bank’s strategic goals for 2015 include taking the leading positions in Kazakhstan and other CIS markets in corporate and retail banking, SME segment and increase of BTA’s shares in Kazakhstan market at least up to 25%, at least 2% in Russia, and at least 5% in other countries of presence. It is planned to increase the assets to $25 bn USD till 2010 and to $50 bn USD till 2015.
In November, 2006, Bank TuranAlem was awarded with "Bank of the Year in CIS" by professional banking community of CIS and "Itogi" magazine.
Investment company JSC "TuranAlem Securities", established in 1997, is the leading company among active participants of Kazakhstan Stock Exchange (KASE) in trades with emissive nonconvertible securities, its share is 35.1%. In 2006, TuranAlem Securities successfully issued bond loans for 161.7 billion KZT, participated in several projects of Kazakhstan companies. In 2006, TAS offered its clients services in consulting and organization of loan financing in international capital markets, and realized several projects in rating consultancy. TuranAlem Securities became the first investment company in Kazakhstan to participate as organizer of 4 Eurobond issues in partnership with foreign investment banks. Total sum of attraction amounted to 440 million USD. For its clients the company organized several successful deals on purchase and sale of business on the territory of Kazakhstan and neighboring countries for 100 million USD. The company manages the assets of 14 share investment funds.
"Golden Altyn" Award, supported by National Bank of Kazakhstan is a part of global program "Kazakhstan Elite", directed at the development of financial market of the republic, improvement of public trust to financial organizations, stimulation of openness and transparency of financial organizations’ activity and consolidation of business relations with financial elite of Russia and other countries part of Eurasian Economic Community. The award is presented with the support of experts and consultants commission of the Ministry of Finance of Kazakhstan, Agency for Supervision and Regulation of Financial Market and Financial Organizations, Pension funds Association of Kazakhstan, Financial Association of Kazakhstan, Banks Association of Kazakhstan and "Expert RA" rating agency.
Statutte0symbol of "Golden Altyn" Award was created in "LIK" workshop of decorative and applied arts in Zlatoust, Russia. The workshop is famous for its works such as "Shield and Sword" at Poklonnaya Mountain, European Boxing Championship Cup.