BTA to open its affiliates in Armenia and Georgia

Kazinform, Kazakhstan
Aug 24 2005

BTA to open its affiliates in Armenia and Georgia

ALMATY. August 24. KAZINFORM. /Zhan Buldekbayev/ Kazakhstan Bank
TuranAlem has opened its affiliates in Yerevan (Armenia) and Tbilisi
(Georgia) early this week, Kazinform refers to the bank’s press
service.

The aim of the official representations of Bank TuranAlem JSC (BTA)
in Armenia and Georgia is to provide qualitative banking services, to
contribute to development of business ties of the states, to monitor
advance of the national financial services market of the states and
search for ways of BTA business extension.

Opening of BTA affiliates in Armenia and Georgia is a part of
strategy `One bank, one account, the entire CIS’ envisaging
initiation of the bank network -strategic partners of BTA.