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Bank TuranAlem is recognized as "Best Enterprise of Europe"

25.09.2007 / Press-service

The Europe Business Assembly (EBA, Oxford, UK) has named JSC "Bank TuranAlem" (BTA) the "Best Enterprise of Europe" in the Eurasian banking sector.

Moreover, according to EBA ratings, BTA is included in one hundred dynamically developing financial institutions registered in Eurasian economic region. Meanwhile, Chairman of the Board of Directors of BTA Mukhtar Ablyazov is named "Top manager of Europe"

"On the decision of the International EBA Board of Experts, the ‘Bank TuranAlem’ is presented with diploma ‘Best Enterprises of Europe’ and head of the board of directors Mukhtar Ablyazov is awarded the certificate ‘Top-manager of Europe’. With wishes of fruitful work and much success in the future for the professional team of ‘Bank TuranAlem’!" EBA Director General John William Arthur Netting said in the official statement during the award ceremony held on September 24, 2007 at the Oxford Summit of Leaders (Oxford, UK).

The recommendation to Best Enterprise of Europe Prize is made following research of EBA research department and suggestions of partners within the international image program Leaders of 21st Century, in particular, the International Congress of Manufacturers and Entrepreneurs (Belgium), Association of Marketing Consultants (Czech Republic).

These awards were presented on 26 September during VIII Almaty Interbanking Conference by EBA Director for Eastern Europe development Mrs. Tatyana Grebenyuk.

Europe Business Assembly is an international corporation that develops and introduces projects of regional economic and social development in countries of Europe and post Soviet area. One of tasks of this non-governmental organization is to form positive image of companies and individuals who contribute to the development of the society.

EBA has founded prestigious international awards like European Quality, Best Enterprise of Europe, Socrate Award and other that gained confidence of the international community. The awards are produced in boutique of famous London jewelry designer Alfred Winiecki in London. They are made from precious metals and covered with pure gold (999.9 assay) encrusted with Swarowski crystals.

JSC "Bank TuranAlem" is among biggest banks and leader in creation of banking network in CIS. Group’s consolidated assets soared from $16.3 billion at the end of 2006 reaching $24 billion as of July 1, 2007, balance equity capital almost doubled from $1.53 billion to $2.97 billion.

BTA operating in the CIS and far-abroad countries is expanding into the CIS countries. Activities of its strategic bank partners cover Ukraine, 4 regions in Russia, Belarus, Georgia, Armenia, Kyrgyzstan and Turkey. BTA runs its representative offices in Russia, Ukraine, China and the United Arab Emirates.

BTA’s network in Kazakhstan consists of 22 branches and 256 cash settlement units.