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Global Finance Names BTA Bank the Best Bank in Kazakhstan

19.03.2008 / Press-service

BTA Bank JSC has scored the Best Bank in Kazakhstan in Global Finance's 'Best Emerging Market Banks in Asia 2008."

The exclusive survey of Global Finance editors with input from industry analysts, corporate executives and banking consultants selected the best emerging market bank in the region and in 20 countries.

Criteria for choosing BTA Bank the winner in Kazakhstan included growth in assets, profitability, strategic relationships, customer service, competitive pricing, and innovative products.

"Emerging markets are attracting increased attention as the globaleconomy expands," says Joseph D. Giarraputo, publisher and president of Global Finance. "We have identified the banks that provide service to corporations seeking to take advantage of substantial opportunities for growth in a sometimes challenging environment."

BTA Bank operating in the CIS and non-CIS countries is expanding into the Commonwealth. Its strategic bank partners cover Ukraine, four regions in Russia, Belarus, Georgia, Armenia, Kyrgyzstan and Turkey. BTA Bank also runs its representative offices in Russia, Ukraine, China and the United Arab Emirates.

In Kazakhstan, BTA Bank’s chain embraces 22 branches and 290 cash settlement centers.

Bank TuranAlem holds a number of industry awards. Reputed Itogi magazine named Bank TuranAlem "The Best CIS Bank 2007." Euromoney declared BTA "A Leading Bank in Corporate Governance in Emerging Europe 2007." BTA also appeared in the Banker’s TOP 300 and ranked the third in its Highest Movers rating. The Europe Business Assembly (EBA, Oxford, UK) awarded Bank TuranAlem JSC (BTA) the "Best Enterprise of Europe" in the Eurasian banking sector.

Global Finance, which id headquartered in New York and celebrates its 21st year of publishing in 2008, has 50,000 subscribers and more than 284,000 readers in over 158 countries. This audience includes chairmen, presidents, CEOs, CFOs, treasurers, and other financial officers responsible for making investments and strategic business decisions for large global companies and financial institutions.