Bank TuranAlem JSC (Kazakhstan) announced the financial results of its activity for year 2006

/KASE, April 11, 07/ - Bank TuranAlem JSC (Almaty), securities of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had spread the press-release with the following contention: Quotation begin On Tuesday, April 10, had taken place the press-conference in the format of tele-bridge Almaty - Moscow - Tbilisi - Kiev, during which the management of BTA had represented the results of Bank's work in year 2006 and share with plans for the nearest years. "In conditions of severe competition on the financial market BTA in year 2006 managed to preserve its leading positions and high rates of growth. Fro this period our bank had become more successful, strong, and stable financial institution. We had done the one more confident step to realization of Bank's strategy of turning it to the largest financial institution of CIS. I'm sure that year 2007 will bring us closer to this aim", - had stressed the Chairman of Board of Bank TuranAlem JSC Roman Solodchenkov, starting the press- conference. The consolidated net income of the Bank in year 2006 made $309.9 m., which is 2.8 times more in comparison to year 2005, the joint assets $16 bn. 339.7 m. (2.2 times growth), shareholders' equity - $1 bn 532.4 m. (increase almost 2.4 times), credit portfolio - $10 bn. 578.1 m. (more than 2 times). Last year BTA continued to diversify its credit portfolio, step by step decreasing its concentration. Today credits of the bank are working in the projects of extracting of oil and gas (6.2% from total volume of credit portfolio), in agriculture (5.2%), food industry (3.6%), transport (3.1%), retail trade (2.3%) and other spheres of economic of republic. Along with it the strategic directions of Bank's activities are still the crediting of enterprises of small and middle business, and also retail consumers. So, the credit portfolio of SMB last year increased by 90%, making as end of reported period $1252 m., retail credits - 2.8 times - to $1339 m.. The main indicator of trust of population to the bank - is the constant growth of deposits of physical entities. In year 2006 the volume of urgent deposits of physical entities grew in the Bank by 79% to $1398 m. In year 2006 Bank TuranAlem started to consolidation of asstes with objectives of increase of competitiveness on the markets of Kazakhstan, CIS, and foreign markets. Last year by the Group BTA in Russia were created two daughter companies - BTA Finance LLC and BTA Capital LLC, were increased stakes in paid capital of insurance companies JV IC London-Almaty JSC, BTA Insurance JSC, was purchased the control shareholding of Temirbank JSC. Currently BTA is accepting the permissive documents of authorized bodies of RK and Ukraine on consolidation of BTA-Bank OJSC (Ukraine). "In year 2006 BTA had started the process of consolidation of assets which was caused by toughening competition on banking and financial markets of Kazakhstan and CIS. We are sure that consolidation will promote the widening of abilities of attraction the financing from foreign capital markets, increase of cost of the Group, increase of its attractiveness for investors", - R.Solodchenko noted. Supporting the own traditions, BTA had continued the creation of precedents in banking system of Kazakhstan and CIS, conducting the attraction of financing in Poland zloty and issue of eurobonds in English sterling pounds. In year 2006 Bank TuranAlem was confirmed by the banking community of CIS as "Bank of year in CUIS", was called by "Еuromoney" magazine as the "Best borrower on the developing markets", was prized by the magazine Trade Finance for participation in the best deal of year 2005, was conferred on the name "Blameless bank" by National Consumer's League. By the decision of organizational committee of public national premium "Zolotoy Altyn" had accepted the highest estimation - Grand Prix in nomination "Best bank of year 2006" - bank TuranAlem, "Best managing company of year 2006" - daughter company of BTA - TuranAlem Securities JSC. Bank TuranAlem JSC (BTA) is the core of financial group, presenting in all segments of the market. Into the financial group of BTA are included: insurance, leasing, mortgage company, pension fund and other financial institutions, The network of banks - strategic partners of BTA is spreading on Ukraine, 4 regions of Russia, Byelorussia, Georgia and Armenia. The representative offices of BTA are working in China, Kirgizia, Ukraine, Tajikistan and UAE. Assets of BTA group as of beginning of year 2007 made $16.3 bn., joint shareholders' equity - $2 bn. As of year 2007 were pointed the measurements on consolidation the assets of bank in CIS with increase to $50 bn. to year 2015. In November of the last year Bank TuranAlem was confirmed the "Bank of the year in CIS" by professional banking community of CIS and "Itogi" magazine. SlavinvestBank LLC - is the dynamically developing bank with participation of foreign capital, existing on the market for more than 13 years. Bank has 23 sales offices in large cities of European part of Russia. SlavinvestBank LLC - enters the number of 100 largest banks of RF (74th place in the rating of The Bankers' Almanac as of January 1, 2007) and is the strategic partner of Bank TuranAlem JSC. About a year ago SlavinvestBank had started to develop the crediting of physical entities and increased the assets more than two times, and also had occupied the 22th place among the "Most mortgage banks of Russia" in the rating of IA RosBusinessConsulting. As of January 1, 2007 the shareholders equity of SlavinvestBank made $ 99.1 m., joint assets - $1,008 m. BTA Bank OJSC - is the universal bank with 14 years' experience of working on the financial market of Ukraine, assign of Ukraine credit-trade bank OJSC. BTA Bank is the strategic partner of Bank TuranAlem JSC. Bank has subsidiaries in Donetsk and Sudak cities and 7 sales offices on Ukraine: in Kiev, Donetsk and Sudak. Plans are - the creation of regional departments in Dnepropetrovsk, Mariupol, Kherson, Lugansk, Chernovtsi, Lvov, Kharkov and Simferopol. As of March 1, 2007 net assets of the Bank made - $67 m., regulatory capital - $14 m. BTA Silk Road Bank OJSC (Georgia), created in year 1993 is the strategic partner of Bank TuranAlem JSC. Net assets of the bank as of March 1, 2007 were - $35.7 m., capital - $9.5 m. Bank has the subsidiary in Batumi city. For contacts with mass media: Valentina Vladimirskaya, press-secretary Bank TuranAlem JSC 8 (3272) 505-464, press@bta.kz Quotation end [2007-04-11]