News

21.12.2004
Almaty: Dear customers and partner organizations of Bank TuranAlem. On December 19, 2004, Bank TuranAlem suffered a heavy loss. Our beloved Chairman and the leader, Yerzhan TATISHEV, who was in the command of Bank TuranAlem since 1997, died in an accident while hunting
BTA's Management and staff express their deepest condolences to Yerzhan TATISHEV's family. International shareholders of Bank TuranAlem, European Bank for Re-construction and Development (EBRD), International Finance Corporation (IFC), Neder-landse Financierings Maatschappij Voor Ontwikkelingslanden (FMO), Deutsche Investitions und Entwicklungsgesellschaft mbH (DEG) and Raiffeisen Zentralbank Oesterreich AG (RZB) express their deepest condolences to Yerzhan TATISHEV's family and BTA's staff. Yerzhan TATISHEV was an outstanding person, a real professional; he was set to build a bank that could be a benchmark for other financial institutions. Within almost 8 years, Bank TuranAlem achieved outstanding results. As of today, Bank TuranAlem is one of the largest private banks in Kazakhstan and the CIS. Bank's name is becoming well known beyond Kazakhstan and the CIS. Our partners and investors include the largest financial institutions of Europe, Americas and Asia

20.12.2004
Almaty: PRESS-RELEASE. Bank TuranAlem informs you that a press conference has taken place at 11 a.m. on December 20, 2004, at Bank TuranAlem's headquarters, 97, Zholdasbekov str., Samal-2 in connection with a sudden death of Mr. Yerzhan TATISHEV, the Chairman of the Management Board of Bank TuranAlem, resulted from a fatal accident while hunting expedition on December 19, 2004
Hereby, Bank TuranAlem informs you that a press conference has taken place at 11 a.m. on December 20, 2004, at Bank TuranAlem's headquarters, 97, Zholdasbekov str., Samal-2 in connection with a sudden death of Mr. Yerzhan TATISHEV, the Chairman of the Management Board of Bank TuranAlem, resulted from a fatal accident while hunting expedition on December 19, 2004. According to unanimous decisions of the Emergency Meetings of the Board of Directors and the Management Board, held the same day, Mr Saduakas MAMESHTEGI, the Deputy Chairman of Bank TuranAlem, is appointed the Acting Chairman of the Management Board of Bank TuranAlem. On December 21, 2004 at 11:00 a.m. civil funeral will be held.

20.12.2004
Almaty: Bank TuranAlem CEO Erzhan Tatishev's death in hunting accident
Hereby, Bank TuranAlem informs you that a press conference shall be given in connection with a sudden death of Yerzhan TATISHEV, the Chairman of the Management Board of Bank TuranAlem, resulted from a fatal accident while hunting expedition on December 19, 2004. The press conference shall be held at 11 a.m. on December 20, 2004, at Bank TuranAlem’s headquarters, 97, Zholdasbekov str., Samal-2

19.08.2004
Almaty: TuranAlem Securities JSC (Kazakhstan) says Bank TuranAlem JSC (Kazakhstan) paid the 7th coupon on its first issue bonds
TuranAlem Securities JSC (Almaty) has informed KASE with the official letter about the fact that on August 19 of 2004 Bank TuranAlem JSC (Almaty) paid the sixth coupon to holders of its first issue bonds (KZ2CUY08A320; BTASb1; official "A" listing category, $100; $20.0 m; February 19, 01 - February 19, 09; semi-annual coupon 12.0% APR)

30.07.2004
Almaty: 10 million USD syndicated loan organized by JSC Bank TuranAlem for Ukrainian OJSC Commercial Bank "Nadra" was cancel

13.07.2004
Almaty: On July 13, 2004, Moody's upgraded its outlook for Kazakhstan to positive from stable for its Baa3

13.07.2004
Almaty: Press Release. In response to recent press reports, regarding the current tax examinations
A representative of Bank TuranAlem, in response to recent press reports, stated that the Bank does not consider the current tax examination that is in process to be a probe of any kind nor does it see it as having any similarity to the Russian Yukos situation as press reports seem to imply. Mrs. Maksutova, Head of Tax Department of Bank TuranAlem, stated that the Bank is undergoing what she considers to be a normal tax examination