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Kazakh "Bank Turanalem" JSC to open office in Yerevan on Aug 22

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  • Kazakh "Bank Turanalem" JSC to open office in Yerevan on Aug 22

    KAZAKH "BANK TURANALEM" JSC TO OPEN OFFICE IN YEREVAN ON AUG 22

    ARKA News Agency
    Aug 18 2005

    YEREVAN, August 18. /ARKA/. The "Bank TuranAlem" JSC (Kazakhstan)
    is to open its office in Yerevan on August 22, 2005. The goal of
    the office is rendering high-quality banking services to the bank's
    clients, contributing to the development of Armenian-Kazakh business
    relations, monitoring the development of Armenia's financial market
    and finding the ways of developing the bank's business in Armenia.
    The Kazakh "Bank TuranAlem" is the first private banks implementing
    a strategy of regional development in the CIS to form a common bank
    space between Kazakhstan and the other CIS countries. The BTA's assets
    total $5.5bln, and the bank's own capital exceeds $600mln. Among the
    BTA's strategic partners are Slavinvestbank, Omsk Bank, Agroincombank,
    BTA-Kazan (Russia), BTA Transbank (Ukraine), Astana-Eximbank (Belarus),
    BTA Silk Road Bank (Georgia), and BTA Investbank (Armenia). P.T. --0--
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