OREANDA-NEWS. On July 18, 2007 a new business center of Bank TuranAlem JSC Atyrau branch was presented. The building is located in a budding district of Atyrau City, reported the press-centre of Bank TuranAlem.

Chairman of BTA Roman Solodchenko, Deputy Akim of Atyrau Oblast Sarsenbay Yensegenov, Atyrau City Akim Sanimzhan Nakbayev, Director of Atyrau Branch of the National Bank of Kazakhstan Kozybak Kulbarakov have attended the unveiling ceremony.

During the inauguration, BTA Chairman and other high-ranking guests have highly praised performance of Atyrau and Kulsary branches of BTA. They wished BTA success in fostering its business subdivisions in regions, broader range of banking services and introduction of cutting-edge technologies in the banking business.

Between 2001 and 2006, BTA extended over 13,000 credits in the region for a total of more than 39,834 million tenge, including 16,183 million tenge in 2006 alone. Thus, the agribusiness received 58 million tenge of loans, including 10 million tenge in 2006, whereas personal loans made 13,151 million tenge, including 4,790 million tenge in 2006.

Over the stated period, individuals deposited in excess of 4,000 million tenge with the bank, among them more than 1,000 million tenge in 2006 alone. Deposits of legal entities between 2003 and 2006 stood at 4,994 million tenge, including 1,442 million tenge in 2006.

Currently, Bank TuranAlem is a regional leader by retail deposits and lending to SMEs. BTA lent more than 4,790 million tenge to the population and 7,564 million tenge to SMEs in 2006. At the present time, BTA finances a number of major projects in the region. Thus, BatysTransportSim LLP intends to lease almost 90 shuttle buses this year using a loan from the Bank.

Major borrowers of the Branch in the civil construction are Atyraustroykompleks and Upravloeniye Stroitelstva 99. Its key retail business clients are ATABA and Atyrau Vivat.

Atyrau Branch also places high emphasis on cooperation with Tengizchevroil and Agip Consortium, and salary projects of a major constructor of the latter, GATE INSAAT JSC.

Almost all major banking products of BTA demonstrated an increased regional market share in 2006. Consumer credits upped from 9,7% to 10,4%, time deposits of entities increased from 9.1% to 10%, retail deposits climbed from 16,6% to 20,1%.

Today, BTA has two branches in Atyrau Oblast located in the cities of Atyrau and Kulsary in addition to 12 cash settlement centers, among which are 10 retail and 2 all-purpose (in the settlements of Dossor and Tengiz). Out of 12 settlement centers, 8 are found in the cities of Atyrau in Kulsary, whereas 4 render services in Dossor, Tengiz, Karabatan and Zhana-Karaton.

The Bank also runs an extensive chain of cash dispensers throughout the region. As of July 1, 2007, BTA had 49,123 clients in the region, including 1,207 legal entities, 46,599 individuals and 1,317 private entrepreneurs.

BTA is an eager participant of the region’s daily life. The Bank offers recurring welfare assistance and sponsorship to war and labor veterans, orphan asylums, boarding schools, sporting organizations and non-governmental organizations.