Almaty: Genrig Kholodzinskyi, ‘Bank TuranAlem’ JSC Aktobe branch Director, awarded with
High state award was conferred on Genrig Kholodzinskyi, ‘Bank TuranAlem’ JSC Deputy Chairman. The banker was awarded with ‘Eren enbegi ushin’ - ‘For distinguished labour and achievements in economy, social sphere, science, culture and state service’.
Almaty: Deposit Insurance Fund of Kazakhstan and "Bank TuranAlem" JSC announce the payment of "Nauryz Bank Kazakhstan" JSC deposit refunds, starting 14 December
Almaty, 9 December 2005 – 14 December "BankTuranAlem" JSC (BTA) start paying the refunds to depositors of "Nauryz Bank Kazakhstan" JSC (NBK). To receive their refunds depositors have to apply to selected offices of "Bank TuranAlem" JSC throughout Kazakhstan
Almaty: For the first time Kazakhstan bank credits clients in 12 countries
‘BankTuranAlem’ JSC, Kazakhstan and BNP Paribas SA, France signed a Multisource Framework Agreement for Euro 200 million credit line, for up to 12 years. The aim of the agreement is to support trade contacts between European and Asian countries, to finance commercial contracts for provision of equipment and services with the support of different ECAs.
Almaty: Changes in the Board of Directors
Changes to the Bank’s Charter and the Corporate Governance Code were the topic of the extraordinary GMA held today. Mr. Anatoliy Pogorelov, Ms. Akmaral Ablyazova and Mr. Niyazbek Gabdullin, all former Deputy Chairpersons of BTA’s management board, were introduced as the new members of the Board of Directors
Almaty: BTA is assigned Fitch's Long-term Local currency BB+
BTA has been assigned the Long-term Local Currency rating by Fitch Ratings, the international rating agency of BB+. The Long-term Local Currency rating is one notch higher than the Long-term Foreign Currency rating, which is BB. The official information released by Fitch Ratings says that BTA's Long-term Local Currency rating reflects what Fitch views as moderate probability of support from the Kazakh authorities on the Bank's local currency obligations.
Almaty: JSC Bank TuranAlem among the Top 1000 world banks 2005
The Banker’s listing, which covers the world’s largest banks based on Tier One capital in 85 countries, showed this year that banks were more profitable than ever before, returning an aggregate return on capital of 19.86%, significantly higher than the previous year’s 17.56%. This year a trustworthy and an esteemed Bank TuranAlem is included in to the TOP 1000 world banks 2005 by receiving a 792 Ranking Listing with Tier One capital of USD323mln.
Almaty: BTA received three awards from
JSC "Bank TuranAlem" is recognized as the Best Bank in the following EUROMONEY nominations: "Best bank in CIS", "Best bank in Central Asia". JSC "TuranAlem Securities" was awarded a "Best Equities House in Kazakhstan". BTA received awards for successful performance of its development strategy.
Almaty: BTA is assigned Fitch's
Hereby Bank TuranAlem would like to announce that on June 10, 2005 it has been assigned the following ratings by Fitch Ratings, the international rating agency: Long-term BB, Short-term B, Individual C/D, Support 3, Outlook Stable
Almaty: Press Release: Invitation to Global Investors' Call
The Management of Bank TuranAlem is pleased to invite the investment community to participate in its Mid-Year Investor Update Conference Call The conference call will take place on: Monday, June 6, 2005 3:00 P.M. (in London)
Almaty: Appointment of the new Chairman of the Board of Directors
The Board of Directors’ meeting held this May 20, 2005, unanimously approved the appointment of Mr Mukhtar Ablyazov to the position of the Chairman of the Board of Directors of Bank TuranAlem
Almaty: Condolences to Mr William Minarovich's family and friends
It was a great sadness for us to receive news of the death of Mr William Minarovich. Please accept our deepest condolences. It is a tragedy for both BTA’s Board and staff as well. Mr Minarovich joined BTA back in early 2003. We knew him as an excellent professional, outstanding financier and wonderful person. Mr Minarovich contributed a lot to the development of Bank TuranAlem and the banking system of Kazakhstan
Almaty: Press Release: JSC Bank TuranAlem ("BTA") announces the offering by TuranAlem Finance B.V.
JSC Bank TuranAlem ("BTA") announces the offering by TuranAlem Finance B.V., a wholly owned subsidiary of BTA, of U.S. $350,000,000 8.50% Notes due 2015 (the "Notes"), guaranteed by BTA. The issue price for the Notes has been fixed at 98.356% and settlement of the transaction is expected to take place on 10 February 2005, subject to customary conditions.
Shanghai: Have a Happy Chinese New Year and Spring Festival!
Dear Sir/Madam! We wish you Wealth & Prosperity in the Year of the Rooster!
Almaty: Press Release: Changes in the Composition of the Management Board
The Meeting of the Board of Directors of Bank TuranAlem was held on January 21, 2005, whereby the following decisions were made: 1. To appoint Saduakas MAMESHTEGI the Chairman of the Management Board of Bank TuranAlem; 2. To appoint Yerkin TATISHEV the First Deputy Chairman of the Management Board of Bank TuranAlem.
Almaty: Press Release: BTA borrowing plans for 2005
Given the recent various press articles, Bank TuranAlem feels a necessity to outline and clarify its international borrowing plans for 2005. As stated by our late chairman, Mr. Tatishev, in St. Petersburg on December 16, 2004, the Bank intends to borrow up to U.S.$1.5bn in foreign markets through various financial instruments, including Eurobonds, syndicated loans, and a RUR-denominated bond offering. As a result, the Bank's total foreign debt is not expected to exceed a total of U.S.$3bn at the end of 2005. There has been no change in the Bank's foreign borrowing budget or strategy since the announcement in St. Petersburg