BTA Bank's subsidiary-Temirbank (Kazakhstan) disburses funds within mortgage loan refinance program
11.08.09 14:51
/KASE, August 11, 09/ - BTA Bank's subsidiary-Temirbank (Almaty), a
company listed on Kazakhstan Stock Exchange (KASE), provided KASE with a
press release:
Quotation beginning
On August 11, Temirbank summoned preliminary results of disbursement
of state-allocated funds within the second stage of the mortgage loan
refinance program. By the time being the bank has disbursed over KZT1.7
bn.
At the end of June, as second-tier banks completed the second refinancing
stage, non-disbursed funds have been reallocated. Temirbank as on May 14,
2009 disbursed ahead of time KZT3 bn, having refinanced 764 loans, prompting
National wellbeing fund Samruk-Kazyna July 1 this year to grant the bank with
additional KZT3 bn. By the time being the bank refinanced 456 mortgage loans
for a total of KZT1.7 bn.
Press Service,
2587889 (ext. 5335)
Quotation end
[2009-08-11]