Bank TuranAlem once again named the Best CIS Bank 2007
On November 23, Russia’s magazine Itogi, Fitch Ratings in company with the Russian Union of Industrialists and Businessmen held a Day of Banker with a Big Money award ceremony.
On introducing additional issues into agenda of Extraordinary Meeting of Shareholders of JSC "Bank TuranAlem"
Bank TuranAlem acquired majority ownership in Ineximbank
On November 19, 2007 Bank TuranAlem JSC (BTA) finalized an acquisition of a controlling stake in Investment Export Import Bank CJSC (Ineximbank, Kyrgyzstan) from its own subsidiary Temirbank JSC paying more than USD20.3 million for the stake.
Bank TuranAlem finances underground coal gasification within "30 corporate leaders" programme
Bank TuranAlem (BTA) JSC intends to finance a breakthrough project of underground coal gasification (UCG) within "30 Corporate Leaders" programme. The breakthrough project pursues implementation of an advanced environmentally friendly technology.
BTA, new name of Bank TuranAlem
JSC "Bank TuranAlem" announces an outset of its rebranding starting November 7, 2007.
Update on 3Q financial performance of BTA (preliminary figures)
For the period from December 31, 2006 to October 1, 2007, according to preliminary data, consolidated assets of JSC Bank TuranAlem grew by 47.4% to US$24.1 bln., total equity grew by 2.3 times to US$3.6 bln. Net income of the BTA Group was US$492 mln. which is twice more comparing to the same period of the previous year and exceeded net income for the whole year 2006 by 60%.
JSC "Bank TuranAlem" and "Alem Art" Social Fund arrange third international festival "Concerts in the Motherland"
Annual festival of classic music "Concerts in the Motherland" will be held on November 9, 10 in Almaty. "Alem Art" social fund and "Bank TuranAlem" JSC arrange the art event.