Shifts in Board of Directors of Bank TuranAlem and TemirBank
Three executives from BTA and two independent directors have joined the Board of Directors of Temirbank. Murat Yuldashev has been appointed the Chairman. Electing new Board of Directors has been due to the shifts in the shareholder’s structure. The membership of Temirbank Management Board has been reduced from 5 to 3 members, and Ablakhat Kebirov chairs the Board.
Waltz Begins! Vienna Ball in Almaty
On April 14, 2007 the Vienna Ball will take place in Hall of Ceremonies, Almaty. The new bright event which will become annual, as its organizers hope, will be added to the calendar of public and cultural life of Almaty.
Results of popular voting Top 20
Today, at a press conference, the list of 20 winner films was announced. These films were named the best out of 50 films nominated for reconditioning following the results of people's voting.
First Pound Eurobond Issue in CIS
The Eurobond Issue in British pounds has been taken place for the first time in CIS history of bond issues. TuranAlem Finance B.V. issued bonds with 7.125% annual coupon rate and BTA as underwriter.
Standard and Poor's rating agency upgrades BTA rating forecast from "stable" to "positive"
Standard and Poor's upgraded rating forecast of JSC Bank TuranAlem (BTA) from "stable" to "positive." Meanwhile, BTA credit ratings – "BB" long-term rating and "B" short-term rating – were confirmed.
"Itogi" Magazine Awards the "Bank of Year in CIS" Title to Bank TuranAlem
On November 30, at the celebrating ceremony on occasion of the Banker's Day in Moscow, Bank TuranAlem was declared the "Bank of Year in CIS." Such are the results of survey conducted by "Itogi" magazine.
For the first time foreign citizens decorated with Georgian orders
On Friday, November 24, Georgyi Gabashvili, Culture Minister of Georgia and Mukhtar Ablyazov, Chairman of the Board of Directors of Bank TuranAlem opened culture festival "Crossroad: Kazakhstan-Georgia" in art-center "Amirani", in Tbilisi. The festival will continue till November 26 and will consist of series of art-projects, organized and sponsored by BTA Group.
Bank TuranAlem arranged long-term financing from Deutsche Bank AG for construction of silicon metal manufacturing plant in Ekibastuz
It is scheduled to put silicon metal manufacturing plant into operation in the 4th quarter of 2007. The facility of EUR 65 mn in total will be utilized to finance import of equipment, to be installed on plant site, supplied by ThyssenKrupp Mannex GmbH, which is a part of ThyssenKrupp Group - German largest industrial concern.
Second Festival "Concerts on Native Land" – major cultural event of the year, organizers said
JSC Bank TuranAlem and the Public Fund of Culture of Marat Bisengaliyev again give us a unique opportunity to take pleasure in the art of world-beaters - Kazakhs by origin working abroad - within the framework of the Second Festival "Concerts on Native Land".
Exchange of National Bank of the Republic of Kazakhstan banknotes
Today, exchange of National Bank of the Republic of Kazakhstan 200, 500, 1 000, 2 000, 5 000 and 10 000 banknotes was started. The exchange envisages concurrent circulation of banknotes with old and new design till November 15, 2007.
Our congratulation on forthcoming holiday – National Currency Day!
Bank TuranAlem clients will be participating in national projects in Kyrgyzstan
Huge interest of Bank TuranAlem's clients in doing business in Kyrgyzstan was the cause of the meeting of BTA representatives, Mukhtar Ablyazov, Chairman of the Board of Directors, and Yerlan Tatishev, Member of the Board with Kurmanbek Bakiyev, the President of Kyrgyzstan and Daniyar Usenov, vice- Prime-Minister of Kyrgyzstan.
Meeting of BTA top-management with businessmen of South-Kazakhstan region
Today, on October 17, 2006, Bank TuranAlem top-managers held a meeting with heads of regional and city akimat (mayor's office) and businessmen of South-Kazakhstan region.
Pioneer of card business in Kazakhstan
On October 7, bankers of Kazakhstan celebrate 12th anniversary of the first Kazakhstan plastic card issue from AlemCard.
Pilot project on introduction of new express money transfers system
Starting 22 September Bank TuranAlem clients can send money transfers in KZT, USD or EURO from 200 branch offices without opening an account. Commission fee – 2% of the transfer. Speed of the transfer – 1 minute. Currency exchange is realized for free. All these advantages are available with money transfer system "FASTER" – Bank's know-how.
Today, it is often required to be ahead of your clients
Questions answered by Mukhtar Ablyazov, Chairman of the Board of Directors, JSC "Bank TuranAlem"
JSC Bank TuranAlem extends opportunities of Kazakhstani companies to import high-quality goods from US producers
Customers of Bank TuranAlem, Kazakhstan, having interest to purchase goods and services produced by different US exporters now have an access to the medium and long term funding of their import contracts on a highly competitive basis.
Bankers Discussing the Role of International Capital Market in Development of CIS Countries Economies
Today VII Almaty Inter-banking Conference was opened. Its theme: "The Role of International Capital Market in Development of CIS Countries Economies".
The Largest Placement of Eurobonds among Issuers from Emerging Markets and Kazakhstan
Bank TuranAlem the largest facility for placement of 5-year Eurobonds in amount of 500 million. The deal was offered at 6.25% p.a. yield.
BTA will increase its share in Slavinvestbank up to 51%
By the end of 2007, Bank TuranAlem plans to increase its share in shareholder's equity of "Slavinvestbank" LLP up to 51%.
Bank TuranAlem and Mittal Steel SME Resource sign memorandum on cooperation
"Mittal Steel SME Resources" PLC (subsidiary of JSC "Mittal Steel Temirtau") and JSC "Bank TuranAlem" signed termless Memorandum on cooperation, having decided to combine the efforts to increase the capital of SMEs from Karaganda region and to strengthen its influence on development of regional economy.
Bank TuranAlem Consolidates the Assets
New strategy of Bank TuranAlem was adopted at the recent Board of Directors meeting.
Kazakhstan banks start to service Tengizchevroil employees
On August 23, 2006 Kazakhstan Bank TuranAlem signed an agreement on cooperation with "Tengizchevroil" PLC (TSO). Until recently almost 3.5 thousand employees of one of the largest oil companies of Kazakhstan are starting to be served in the Kazakhstani banks.
Changes in the Board of Directors of BTA and Increase of Shareholders' Equity
Special meeting of JSC "Bank TuranAlem" shareholders took place on 08 September, 2006. It is decided to increase the shareholders' equity by $400 million.
Congratulations on professional holiday - International Day of Journalists Solidarity!
International consortium of investors enters the shareholders' list of JSC "Bank TuranAlem"
A consortium led by Swedish investment manager East Capital and including fund managed by Firebird, today announced the purchase of 351,139 shares of Bank TuranAlem in Kazakhstan, representing 7.71 % of the Bank.
Akims of Zhezkazgan and Satpayev, top-management of Bank TuranAlem held a meeting with representatives of business community of Karaganda region
Today Akims (mayors) of Zhezkazgan and Satpayev, top-management of Bank TuranAlem held a meeting with representatives of business community of Karaganda region at "Sary-Arka" cultural-entertainment center.
Bank TuranAlem Awarded
The Award was officially announced on 13 July, in London. Certificate for the Award for Excellence will presented by Martin Th. Born, Russia and CIS Director to Roman Solodchenko, Finance Director of BTA on 24 July in Almaty.
New Banking Services Office
Bank TuranAlem made a contribution to celebration of City Day of capital of Kazakhstan. New banking services centre (BSC) was opened in a new administrative centre of the capital.
Bank TuranAlem receives the Award for the best deal of 2005
"Trade Finance" presented "Deal of the Year 2005" Award to Bank TuranAlem for long-term financing of oil tankers import from Russia to Kazakhstan. Award ceremony took place in London on 29 June 2006.
Bank TuranAlem attracted Islamic syndicated loan
Bank TuranAlem attracted Murabaha Islamic syndicated loan in the amount of USD 200 million. The deal was successfully closed by Calyon Corporate and Investment Bank SA and Abu Dhabi Islamic Bank PJSC.
Standard and Poor’s confirmed BTA’s rating of BB/Stable/B
International rating agency Standard and Poor’s confirmed Bank TuranAlem’s rating of BB/Stable/B in relation to agreement of subsidiary company
Bank TuranAlem attracted Asian syndicated loan in the amount of USD 110 million
Bank TuranAlem attracted Asian syndicated loan in the amount of USD 110 million through its subsidiary company "TuranAlem Finance B.V."
On June 1
On 1 June Bank TuranAlem together with social organizations and government realized the project aimed at solving the problems of families and childhood. One of the main parts of the project was the tour around maternity hospitals.
Bank TuranAlem supports the development of financial instruments to minimize the risks
For the second year in a row Bank TuranAlem sponsors "Central Asia Trade and Export Finance Forum". Participants of the Forum 2006 will discuss the issues of trade financing development in Central Asia: growth and perspectives, political and other risks of investment, support of export-credit agencies in CIS, possibilities for structure and trade financing, and tendencies of its development, state insurance corporation activities in the field of insurance of credits and investments, legal aspects of trade financing.
Bank TuranAlem is the first to collect $1 billion in short-term deposits.
Kazakhstan citizens proved the consolidation of trust to Bank TuranAlem. BTA is the first bank in Kazakhstan to collect $1 billion in short-term deposits.
For the second time Bank TuranAlem receives award in banking business.
JSC "Bank TuranAlem" received a prize in banking business. A gold statuette and Gold category diploma for "Active participation in international projects" were presented to the Head of representative office in Russia.
Creation of new world-class orchestra
Today at concert hall of Opera and Ballet Theatre the first in Kazakhstan agreement on creation of common brand between commercial bank and social fund was signed. "Kazakhstan Philharmonic Orchestra "TuranAlem" came to life.
Bank TuranAlem presented notebook of latest modification to Neurosurgery Center of Republic of Kazakhstan.
The Head of the Center, Prof. Serik Akshulakov, made a request to BTA to help with the purchase of notebook, necessary for activity of the Center. Everyday the Center organizes scientific and training conferences, meetings and sessions. Everyday the Center conducts clinical analysis of its patients. NCRK actively participates in international symposiums and conferences.
Acquisition of state share of JSC "United Telecommunications Company of Georgia"
Kazakhstan Bank "TuranAlem" confirmed its agreement to credit "Black Sea Telecom Holding B.V." (previously "Route D'Esch Property II B.V.") for acquisition of 90.65% shares of JSC "United Telecommunications Company of Georgia" on the auction on 12 May 2006.
Supporting the idea of "Constellation of Hope" festival
Bank "TuranAlem" sponsored 5th "Constellation of Hope" festival. In 2006 the festival will consist of children’s art exhibition and a concert of "Kazakhstan Kamerata" ensemble. Talented pupils of musical and general schools of the Republic will participate in the event, organized by "Public Education Fund of Nursultan Nazarbayev". The festival will end on 13 May with the concert of young talents and award presentation to laureates in "Kazakhconcert" hall.
Kazakhstan group "A-Studio" performs in Ajaria
Bank "TuranAlem" sponsored the performance of Kazakhstan group "A-Studio" at the central stadium of Batumi. The concert was devoted to anniversary of the revolution in Autonomous Republic of Ajaria. 15 thousand people were present. Members of government, creative intelligentsia and business attended the event.
Annual meeting of shareholders of JSC "Bank TuranAlem"
Annual shareholders’ meeting took place on 28 April, 2006. During the meeting shareholders summed up Bank’s achievements in 2005 and defined development directions for the current year. The meeting acknowledged Bank’s results of financial activities and audited financial statements as satisfactory, approved annual report, annual accounts, income and losses report.
Competitive solutions by Bank TuranAlem in the field of SME lending in Kazakhstan presented at republican conference
JSC "Bank TuranAlem" took part in republican conference "Participation and development of small and medium enterprises in non-specialized assets of large Kazakhstan companies".
Bank "TuranAlem" sponsors publication of book by Olzhas Suleimenov in Ukranian
Bank "TuranAlem" sponsored publication of a book by an outstanding writer of Kazakhstan and statesman, Olzhas Suleimenov. The book, in Ukrainian, was published by the Embassy of Republic of Kazakhstan in Ukraine and Moldova on the eve of writer’s 70th anniversary.
Bank TuranAlem placed 250 million USD Eurobonds
Yesterday Bank TuranAlem placed 7-year 250 million USD Eurobonds. The deal was offered at 7.75% p.a. yield. Spread between the yields on 10-year U.S. Treasury bonds came to 307 basic points. The demand for Eurobonds exceeded the final sum of the deal 2 times.
New award "Altyn Tural" conferred on "ExpertKazakhstan" journalists
New award "Altyn Turan", for best economic subjects coverage, named after Yerlan Tatishev, was presented on 12 April by First Deputy to Chairman of the Board of JSC "Bank TuranAlem", Yerkin Tatishev during Journalist Awards "Altyn Zhuldyz" ceremony. The award, in the form of golden ounce on mineral pedestal, was conferred on team of "ExpertKazakhstan" and was received by the chief editor of the magazine, Andrey Skirka.
Fill the children’s hearts with happiness!
On 11 April 14, 2006 Bank TuranAlem sponsored charity event for children of Orphanage №1. Orphans are children, deprived of not only parents’ kindness and care. They are deprived of holidays, airing, and communication that kids are so used to. To diversify children’s life and make it more colorful, it was decided to organize a charity event in orphanage where 215 children of 3 to 17 years old live.
The first bilateral agreement, on transparency of activity, signed with AFS
On 27 March Bank TuranAlem and Agency on Regulation and Supervision of Financial Markets and Financial Organizations (AFC) signed mutual memorandum "On collaboration and interaction regarding the issues of transparency of JSC "Bank TuranAlem".
Temirtau: Prize drawing under control of trade union committee
Today, at Temirtau branch office of Bank TuranAlem, winners of the first stage of "BTA Pay card. All you need" were awarded with prizes. Every cardholder, who had the card for at least 5 days, could participate in drawing.
Canadian export finance credit line has been increased in 2,4 times
JSC Bank TuranAlem and Export Development Canada (EDC) have signed an agreement on alteration into the last year agreement on a credit line establishment in the amount of USD25 million. According to a new agreement, amount of the credit line for export finance of Canadian merchandise and services into Kazakhstan and CIS states has been increased up to USD60 million, either of its equivalent in Canadian dollars or in Euro.
Kazakhstan cinema’s Gold Collection keeps on coming back to its audience.
Kazakhstan cinema’s Gold Collection keeps on coming back to its audience. 20 more movies, from "KazakhFilm" gold fund were restored and published in modern formats. The films were added to the list of 10 movies restored in 2005. Starting 19 April, they will be shown on "Khabar" TV channel.
The first ever deal, in Central Asia, in Polish zloty (PLN)
Bank TuranAlem attracted new investment and diversified its investor base. Today, the first ever transaction, in the region, of 5-year 200 million PLN with 6.3% p.a. yield offering, was conducted.
Bank TuranAlem presented the results of 2005
Today, Bank TuranAlem’s top managers held press conference in the format of telebridge "Almaty-Moscow". Press-conference for Kazakhstan and Russian journalists took place at the "MIR" International TV and Radio Company studio. (www.mirtv.ru)
JSC "Bank TuranAlem" is "Irreproachable", according to National League of Consumers of Kazakhstan
On 15 March, 2006 – World Consumer Rights Day – National League of Consumers of Kazakhstan presented, for the first time, "Irreproachable" National Quality Awards. JSC "Bank TuranAlem" was chosen by independent commission as the best in retail banking.
Forum on Financing of Agip KCO Contractors
Representative delegations of JSC "Bank TuranAlem" and Agip KCO met on 3 March 2006 to discuss questions regarding North-Caspian project, achievements and prospects of further cooperation. Delegations were headed by Saduakas Mameshtegi, Chairman of the Management Board and Stefano Goberty, Director of Finance, Taxation and Control, respectively.
JSC "Bank TuranAlem" expands its cooperation with Agip KCO
Representative delegations of JSC "Bank TuranAlem" and Agip KCO met today to discuss questions regarding North-Caspian project, achievements and prospects of further cooperation. Delegations were headed by Saduakas Mameshtegi, Chairman of the Management Board and Stefano Goberty, Director of Finance, Taxation and Control, respectively.
"The Businessman of Astana" 2005 awarded to Bakhyt Otarbekov, Member of the Board and Director of Astana Branch of JSC "Bank TuranAlem"
The title of "The Businessman" in Financial Sector and "Isker" crystal statuette were presented to Bakhyt Otarbekov, Member of the Board and Director of Astana Branch of JSC "Bank TuranAlem".
Changes in the management of JSC "Bank TuranAlem"
With the decree of the Board of the Directors on 07.02.2006, Dzholdybayeva Saule appointed Member of the Board – Senior Economist of JSC "Bank TuranAlem".
ABN AMRO launches Kazakhstan’s first true-sale mortgage-backed securitisation
ABN AMRO has closed a USD 150 million mortgage-backed securitisation for BTA Ipoteka, the consumer lending subsidiary of Bank TuranAlem. The transaction is the first true sale* securitisation of mortgage loans that raises international funding backed by consumer assets located in Kazakhstan.
First Kazakh-Georgian project to be finished next year.
Reconstruction of Georgian Hotel "Iberia" in Tbilisi, financed by JSC "Bank TuranAlem", to be completed by summer 2007.
JSC "Bank TuranAlem" acknowledged as "successfully integrated into economy of Russian Federation"
"Person of the Year-2005" title and honorable certificate for "Successful integration into economy of Russia" were awarded to First Deputy to CEO of JSC "Bank TuranAlem", Yerkin Tatishev.
BTA Receives BB/Stable/B Rating from Standard&Poor’s
London, February 14, 2006 – Standard&Poor’s conferred counterparty credit rating of BB/Stable/B on JSC ‘Bank TurnaAlem’. Thus Bank’s long-term rating is one notch higher than previous BB-.
Temirtau: Branch office specially for "Mittal Steel Temirtau" employees opened by JSC ‘Bank TuranAlem’
Employees of steel and coal departments of Orken, Nefte-gaztruba, SME Resource, Okjetpes, Karvol divisions will now receive their salaries few days earlier than before, in the first days of every month. Moreover, the Bank plans to transfer salaries in the mornings, rather than evenings.
Almaty: First specialized Western Union centre in Kazakhstan
Today Bank TuranAlem presents the first in Kazakhstan specialized centre for quick money transfers, Western Union. Six operators fulfill the transfers; two consultant-managers assist the clients. Money transfers are carried out without long waiting in 4-5 minutes.
Astana: Bank TuranAlem plans to participate in construction financing of ‘Radisson Iberia’ hotel in Tbilisi, oil refinery in Rustavi, several hydropower stations and tourist complexes in Ajaria
Bank TuranAlem plans to participate in construction financing of new oil refinery on the territory of Georgia. In one month’s time business-plan and investment proposition for construction will be prepared. International consortium of Kazakhstan and Georgia will be investing the project. Other participants of consortium are being discussed.
‘Nauryz Bank Kazakhstan’ JSC’s depositors received more than 70% of the guaranteed refund on their deposits
Almaty – For January 5, 2006 ‘TuranAlem Bank’ JSC returned 70.6% of the guaranteed refunds to ‘Nauryz Bank Kazakhstan’ JSC’s depositors.