JSC "Bank TuranAlem" and Karandinskaya Region’s Administration agree to cooperate30.05.2007 / Press-service
On May 30, 2007 in Karaganda the Chairman of the Board of JSC "BankTuranAlem" Mr.Roman Solodchenko and the Governor of Karagandinskaya region Mr. Nurlan Nigmatullin signed Memorandum of cooperation.
It is symbolical that the signing ceremony was held within the frames of the first International investment Forum "Karaganda Invest 2007".
Among priority directions of cooperation the parties determined mutual long term projects on development of mining, metallurgical industries as well as innovative projects to produce competitive products.
Within the document bounds the parties plan to start the construction of Business-center in Karaganda in 2007. "Signing of the cooperation memorandum with Karagandinskaya Region’s Administration is a next step in realizing Bank TuranAlem’s policy directed to the extension of cooperation with regional authorities. Execution of this document will allow us to use the existing potential of our cooperation to the full extent. Our mission is to provide our customers with modern, qualitative and called-for banking products in all regions of our country. I am convinced that such cooperation will be fruitful and mutually beneficial", - said Mr. Roman Solodchenko at the signing ceremony.
The parties were satisfied with the achieved positive results and a considerable contribution to the region’s economy by Karagandinskiy, Dzhezkazganskiy, Temirtauskiy branches of Bank TuranAlem. One of JSC "Bank TuranAlem" priorities is to provide its corporate customers and their business with favorable conditions.
The bank provided financial support to some of the largest region’s projects on mutually beneficial conditions: financing of the enterprises of LLP "Mashzavod №1" (equipment renewal to produce mining equipment), GORKOMTRANS (refuse collectors fleet renewal), LLP "Remikser" (road service equipment renewal), LLP "Karagandinskiy pharmaceutical plant" (arglabin producing plant).
JSC "Bank TuranAlem" holds a leading position in the region on trade financing, SMB lending. Taking into consideration importance of SMB development for the economy, the bank determined this sector as one of the most priority-driven. Thus, in 2006, JSC "Bank TuranAlem" Karagandinskiy branch financed SMB subjects in the amount exceeding 18 bln. tenge, gave loans to individual customers in the amount exceeding 8 bln. tenge.
Bank TuranAlem’s main advantage is its wide network (currently there are 23 branches operating in Karagandinskaya region). The economy growth and subsequent growth of the population income led to the extension of card business which in turn allowed planning future returns and profits. Bank TuranAlem has a wide ATM network – 86 ATMs located in different parts of the region.
BTA customers’ amount in Karagandinskaya region as at May 1, 2007 comprised 144756, among them there are 4439 legal entities and 140326 natural persons.
BTA actively participates in the region’s everyday life by financing the construction of the park dedicated to the 60th Victory anniversary in World War II, reconstruction of water supply system in v.Kengir, assistance to "Ulytau" museum, regular sponsoring of the orphanages, boarding schools, sportsmen, dancing teams. During the period from 2005 to 2007 the Bank provided welfare in the amount of 9,7 mln. tenge.
JSC "Bank TuranAlem" (BTA) is one of the largest banks and a leader on establishment of the banking network in the territories of CIS countries. By Q1 2007 bank’s consolidated assets comprised more than $19,4 bln, shareholders’ equity - $2 bln. Bank’s CIS assets consolidation is planned for 2007 with their increase up to 50 bln USD till 2015. The bank plans a geographical diversification and enlarging of banking products range as well as stable and dynamic growth of the main indices."The Banker" magazine named BTA "Bank of the year - 2005" in Kazakhstan. The National Consumers League named BTA "Perfect Bank" twice. The Bank received the highest appreciation "Grand Prix" in nomination – "The best bank of 2006" from the Public National Award "Golden Altyn".
Bank TuranAlem existing in CIS countries and foreign countries expands its presence in CIS countries; there is a network of banks – BTA’s strategic partners which expand to Ukraine, 4 regions of Russia, Byelorussia, Georgia and Armenia. BTA’s representative offices are operating in Russia, Byelorussia, China, Kyrgyzstan, Tajikistan and United Arab Emirates.
For the last two years Bank TuranAlem was awarded several times. BTA group got recognition of a famous financial magazine "Euromoney". The experts gave awards in several nominations: "the Best Bank in CIS", "the Best Bank of Central Asia", "the Best Borrower in the developing markets" and a leading bank in the corporate management in the European developing markets and one of the most effectively managed banks in Central and Eastern Europe and Central Asia.
Bank TuranAlem has a wide branch network throughout the Republic of Kazakhstan (22 branches and 229 cash-settlement units).
Reference information about the Region:
Karagandinskaya Region is a historical center of Kazakhstan. Here, there is an ancient nomads’ center – Ulytau (Great Mountain) where the representatives of three Kazakh zhuzes (tribes) engraved their tribal tanba (signs) which personify Kazakh nation’s unity and generality. Karagandinskaya region is located in the central part of the Republic of Kazakhstan and borders with 9 of 14 regions of the Republic of Kazakhstan.
The Region’s investment policy is directed to attract investments from the operating foreign and domestic investors into the region’s economy and improvement of the investment climate.
The most perspective and wide spread form of foreign investments into the economy is a business partnership which holds the forth place in the region. There are 720 joint and foreign ventures in the region.
Major industrial enterprises with a foreign share:
- JSC "Mittal Steal Temirtau" ("LNM Group", Great Britain)
- LLP "Corporation "Kazakhmys" (South Korean and Russian enterprises)
- JSC "Karagandinskiy margarine plant " ("Ursem Holding, Switzerland)
- JSC "Konfety Karagandy" ("U. I. G. Limited", Great Britain)
- JSC SD "Efes Karaganda brewery" ("Efes", Turkey)
- JSC "Zhayremskiy GOK" (Eurasian Industrial Association, Russia)
- JSC "Central Asia Cement" (Malaysia)
- JV LLP "NOVA ZINK" ("Nova-trading & Commerce AG")
- LLP "Karaganda-Zhylu" ("Enrhost.Ltd", Great Britain)
- JSC "Shubarkolskiy strip mine" (Eurasian Industrial Association)
- LLP "Saranrezintechnika" ("ECM Wertpapierdienstleistungs GmbH", Germany)
- LLP "Karagandarezintechnika" ("Sibkhimcomplex", Russia)