On October 23, managers of BTA Bank (Kazakhstan) met with representatives of the association "Reserve Population Housing"
23.10.08 21:51
/KASE, October 23, 08/ - BTA Bank (Almaty), securities of which are traded in
Kazakhstan Stock Exchange (KASE) official list, provided to KASE the press
release where informs that on October 23, 2008, the bank's top managers met
with representatives of the association "Reserve Population Housing".
During the meeting representatives addressed the request to support the
association members, who have difficulties in servicing real-estate loans. In
particular, the association representatives requested the delay of payment till
the Stress Assets Fund starts functioning.
Top managers informed the meeting participants that at present the bank is
implementing analysis of the loan portfolio and is ready to apply all available
instruments to solve emerging problems, in particular problem loans restructuring
methods through individual repayment schedules, re-funding and prolongation of
the loan period
The bank chief executive officer advised clients to call on the hot line on all
issues of their interest: 2500-111, 2500-222, 8-8000-800-111 (free service across
Kazakhstan).
For Media contacts:
Adil Dosymov, BTA Bank Press Secretary
8 (727) 266 47 97,
e-mail: dosymov@bta.kz
[2008-10-23]