BTA Bank financing of the polyethylene pipe production in JSC National Company “Kazakhstan Engineering”30.07.2009
On July 30, 2009, the official opening ceremony of the second extrusion line on polyethylene pipes production for trunk cables from 110 up to 500 mm in diameter was held at JSC Tynys, a part of JSC National Company “Kazakhstan Engineering”.
BTA Bank’s primary goal is to support real economy sector and local manufacturers. Launching of the second production line shall enable to reduce expenses for reconstruction of Kokshetau intraurban water-supply network being realized within the “Drinking Waters” program in Akmola region for the period of 2008-2010.
The project realization has become possible due to long-term cooperation of JSC BTA Bank and JSC NC “Kazakhstan Engineering”.
During 2000-2003 Kokshetau branch of JSC BTA Bank has issued credit resources to JSC “Tynys” at total amount of KZT 220,2 mln, which allowed to maintain the stand idle plant and to transfer it to the production of industrial-technical goods needed for population. Owing to the Bank’s support the plant from failure has transformed into to a stable operating one.
In 2005 BTA Bank financed JSC Tynys project on production of polyethylene pipes from 110 up to 500 mm in diameter for water and gas pipelines. The project is of an important social significance and is being successfully realized at present. Besides, JSC Tynys uses all range of BTA Bank services such as cash settlement, guarantees, salary project, deposits for legal entities, etc.
BTA Group is a leading banking network in the CIS.
The network of BTA’s partner banks extends to Russia, Ukraine, Belarus, Georgia, Armenia, Kyrgyzstan and Turkey. BTA’s representative offices operate in Russia, Ukraine, China, and UAE.
The bank has one of the largest branch networks in Kazakhstan (22 branches with 269 service locations) along with an extensive chain of ATMs (864) and self-service terminals (160). BTA serves about 1.2 million retail and 132,000 corporate customers.
In 1996 Oxygen and Respiratory Equipment Plant was reorganized into Joint-Stock Company “Tynys”.
From 1980 to 1985 the plant has succeeded in producing of new special technical equipment.
Since 1965 through 1980 the plant has set up production of highly tailored specialized components for aviation equipment producers and plants, which provide technical service.
In 1965 the factory was moved into the Ministry of Aircraft Industry of the USSR and has become an integral part of military industrial complex.
In 1959 Oxygen and Respiratory Equipment Plant was opened in Kokshetau for the first time in history.
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