BTA Bank's subsidiary-Temirbank (Kazakhstan) informs on preliminary results of disbursement of funds within mortgage loan refinance program
19.08.09 17:11
/KASE, August 19, 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 19 Temirbank summarized results on disbursement of funds
allocated by the state within the second stage of the mortgage loan
refinance program. Currently the bank disbursed KZT1.9 bn.
At the end of June, after completion of the first stage of refinancing by
second-tier banks, funds not spent were allocated. Temirbank on May 14, 2009
disbursed KZT3 bn, having refinanced 764 loans, this is why Samruk-Kazyna on
July 1 this year issued additionally to the bank KZT3 bn. Currently the bank
refinanced 501 mortgage loans for a total of KZT1.9 bn.
Temirbank is among the ten largest Kazakhstan-based banks. Currently the bank
has branches in 21 regions and renders a whole range of banking services to the
population.
Press Service,
2587889 (ext 5335)
Quotation end
[2009-08-19]