The Banker rates Bank TuranAlem among World's TOP 300 BANKS16.07.2007 / Press-service
It is a second year in a row, when Bank TuranAlem JSC appears in the TOP 1000 WORLD BANKS rating of The Banker. This year Bank TuranAlem ranks the 295th in the listing.
Bank TuranAlem JSC also took 3rd place in "Highest Movers" rating after Arab Foreign Bank, Libya, and Intercontinental Bank, Nigeria.
The Banker’s rating criteria for the best banks are sustainable financial development, efficient capital management, IT utilization, development of bank’s infrastructure and strategic market achievements.
"We are delighted that the bank from Kazakhstan has gained a ranking in this prestigious listing that awards ratings to the rapid-growing world financial institutions. Bank TuranAlem has long ago proved itself as a fast-growing bank with stable growth indicators. Bank’s rating in the TOP 300 and the third ranking among "Highest Movers" was the further proofs. We are steadily moving onward both in terms of service quality and management and innovation technologies. And we have deserved a right to be proud of these achievements. This high recognition obliges us to much, therefore we will endeavor our best efforts to have our ranking upgraded in this influential rating," said Roman Solodchenko, the Chairman of Bank TuranAlem