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]