BTA Bank's subsidiary-Temirbank (Kazakhstan) effective at mortgage loan refinance program
26.08.09 13:16
/KASE, August 26, 09/ - BTA Bank's subsidiary-Temirbank (Almaty), a
company listed on Kazakhstan Stock Exchange (KASE), issued a statement:
Quotation beginning
August 26, Temirbank summarized preliminarily on disbursement of funds
issued by the government under the second stage of the mortgage loan
refinance program. By the time being the bank disbursed over KZT2 bn.
At the end of June, as second-tier banks had finished the first stage of the
program, funds not disbursed were re-allocated. Temirbank on May 14, 2009
disbursed KZT3 bn ahead of schedule having refinanced 764 loans, and National
wellbeing fund Samruk-Kazyna on July 1 issued to the bank additional KZT3 bn.
Currently the bank has refinanced 528 mortgage loans for over KZT2 bn.
Temirbank is one of the ten largest Kazakhstan-based banks. The bank has
branches in 21 regions and renders a full range of banking services.
Press Service,
2587889 (ext 5335)
Quotation end
[2009-08-26]