Temirbank Disbursed KZT2 bln under Mortgage Loan Refinance Program
OREANDA-NEWS. September 03, 2009. BTA Bank's subsidiary-Temirbank (Almaty), a company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release, reported the press-centre of KASE:
Temirbank summarized on disbursement of funds allocated by the state within the second stage of the mortgage loan refinance program. By the time being the bank disbursed KZT2,150,133,426.
At the end of June, as second-tier banks finished the first stage of refinancing, unallocated funds were redistributed. Temirbank on May 14, 2009 ahead of schedule disbursed KZT3 bn, having refinanced 764 loans, this is why National wellbeing fund Samruk-Kazyna on July 1 this year allocated to the bank additional KZT3 bn. Currently the bank refinanced 542 mortgage loans for a total of KZT2 bn.
Temirbank is among the ten largest Kazakhstan banks. The bank has branches in 21 regions of the country and renders a wide range of banking services.
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