BTA Bank financed a mineral cotton production plant in the East of Kazakhstan
On April 30, 2007 after reconstruction was completed the opening ceremony of the mineral cotton production plant with productive capacity of 30mn tons per year had taken place in Glubokoye village close to Ust’-Kamenogorsk.
BTA Bank imposes standstill on principal payments pending negotiation of debt management programme.
JSC BTA Bank has received notices from several creditors accelerating by reason of default the indebtedness owed to those creditors.
BTA trade finance deals recognized among the best of 2008
As many as two different trade finance deals by BTA Bank have each been named a “Best Deals of 2008” and “Deal of the Year 2008” by leading industry publications Trade Finance and Global Trade Review claiming between them 4 awards out of the year’s worldwide total of 98.
Interview of Anvar Saidenov
Commenting this week on how much funds had been drawn under another programme by the government – the one for refinancing small and medium-sized businesses – an area where some banks aren’t quite up to speed.
BTA’s share of Karaganda region’s SME loan market up 7.8% in January-February
In the first two months of 2009, BTA Bank increased its share of Karaganda region’s small and medium-sized enterprise (SME) lending market by 7.8% to 39.73% as at March 1, 2009. Today, BTA’s SME loan portfolio in the region stands at KZT 40.4 billion.