Bank TuranAlem JSC (Kazakhstan) informed about opening of new CSD for employees of Mittal Still Temirtau

/KASE, February 3, 06/ - Bank TuranAlem JSC (Almaty) today spread press release, which informs the following: Beginning of quotation New cash settlement division (CSD) of BTA is opened on the territory of plant Mittal Still Temirtau, near to central checkpoint and plant management. Employees of steel and coal departments, subdivisions Orken, Nefte- gastruba, SME Resource, Okzhetpes, Karvol now will get salary several day earlier than usual terms, till tenth number of each month, during two-tree days, using cash dispenser. Also, the bank plans to charge salary not in the evening, but in the morning. To provide regular operation of cash dispensers and the bank's cash settlement division bank TuranAlem applied unexampled, for banking practice, measures. During January-February 2006 construction of fiber-optic cable will be completed. Besides, in case of unforeseen situations, with cash dispenser, reserve radio channel will also be installed. Cash settlement division for the bank's clients - employees of plant Mittal Still Temirtau will be situated by address: 1/1 Respublika Ave. It occupies area in 340 sq.m., have two cashes, currency exchange point and two cash dispensers, established outside, at the building. Equipment and qualification of staff of CSD, and besides cashiers here will work employee of exchange point, manager on cards and credit inspector, allow to fulfill all main operations: payments for utility services, deposits and payments on deposits, exchange. Credits for those who wish, and BTA has the lowest possible rates on crediting, will be registered under guarantee of the plant's trade union committee. All workers and engineering-technical staff of company Mittal StillTemirtau JSC will be notified about plastic cards, terminals and PIN-codes. Each employee will get instruction how to use card. Near to each cash dispenser additionally instructions for users will be sticked. Besides, from January twenty-four-hour "hot line" started to work - Call-center with free city number for responses, particularly, to questions on cards. In the days of salary payment to employees of Mittal Still Temirtau near each cash dispenser will stand representatives of bank TuranAlem, to help those, who started to study cash dispenser. Specially, for employees of Mittal Still Temirtau the bank will issue cards free of charge. Commission for withdrawal of cash is decreased from 0.7% to 0.2% from the amount. Payment on balance in card's account in 1% APR is introduced. In presentation will take part: The bank's Managing director Asylmurat S. Ramazanov Director of the bank's Temirtau branch Yerlan Zh. Serikov Chairman of trade union committee of Mittal Still Temirtau JSC Zhumageldiyev K.G. General director of Mittal Still Temirtau JSC Mr. Choudhary Nawal Kishore Executive director on finances, commerce and connections with consumers Mr. Viktor S. Scherba Bank TuranAlem JSC - backbone bank of Kazakhstan, leader on creation of banking net in countries of CIS. Assets of BTA (as of Jan. 27, 06) exceed $7.2 bn., the bank's total equity capital exceeds $800 m. Shareholders of one of the first international banks in Kazakhstan consists of big financial institutes of the world. Bank TuranAlem JSC confidently occupies leading position in Kazakhstan among commercial banks in the field of trade financing, crediting of SMB and mortgage crediting. Development strategy of Bank TuranAlem JSC stipulates for geographical diversification and expansion of banking product range, and also stable dynamic growth. For contacts with mass media: Valentian Vladimirskaya, press-secretary of Bank TuranAlem JSC 8 (3272) 505-464, press@bta.kz End of quotation [2006-02-03]