BTA Bank JSC (Bank TuranAlem)

BTA Bank JSC origin dates back to the USSR, when on October 15, 1925 a branch of Promyshlenny (Industrial) Bank (Prombank) was launched in Kazakhstan under a decree of the Presidium of the Central Council of the National Economy of the republic. About Prombank Later, Prombank's branch underwent various reorganizations. On June 7, 1932 the Council of People's Commissars of Kazakhstan decreed an establishment of a Kazakh Regional Bank Office in Almaty based on Prombank assets. In line with the decree "Establishment of Dedicated Banks of Long-Term Investments," the Bank was to finance the construction and electric industry of the USSR. On July 11, 1949 the USSR Council of Ministers transformed Almaty Interregional Office into the Kazakh Nationwide Office of Prombank of the USSR. Subsequently, it was renamed to the Kazakh Nationwide Office of Stroybank of the USSR. On July 17, 1987 the Central Committee of the Communist Party of the Soviet Union and the USSR Council of Ministers issued joint decree # 28. The document was intended to upgrade the banking system of the country and bolster its beneficial effect on the economy. Six banks have emerged from three state-owned banks (Stroybank of the USSR, Gosbank of the USSR, Vneshtorgbank). These were the following: State Bank of the USSR Industrial Construction Bank of the USSR Vnesheconombank USSR Agroprombank of the USSR Housing Construction Bank of the USSR Saving Bank of the USSR On March 4, 1991 State-Owned Commercial Industrial Construction Bank of the USSR issued decree # 126, whereby Kazakh Nationwide Bank Promstroybank of the USSR was transformed into Kazakh Nationwide Bank of State-Owned Commercial Industrial Construction Bank Turanbank. About Turanbank On July 24, 1991 the Cabinet of Ministers of the Kazakh Soviet Socialist Republic established Kazakh Join-Stock Bank Turanbank by decree #444. A meeting of shareholders elected Beysenov Oraz Makayevich as a chairman of Turanbank management board. At that time Turanbank had 66 branches. On January 23, 1990 Vnesheconombank of the USSR launched Kazakh nation-wide bank of Vnesheconombank of the USSR in Almaty by virtue of an agreement dated December 11, 1989 between the Council of Ministers of the Kazakh Soviet Socialist Republic and Vnesheconombank of the USSR. About AlemBank On February 14, 1992 the meeting of founders issued decree #3 approved by decree # 710 of the Cabinet of Ministers of the Republic of Kazakhstan dated August 28, 1992. Thus, Vnesheconombank of the Republic of Kazakhstan was renamed to Bank of Foreign Economic Activities of the Republic of Kazakhstan ALEM BANK KAZAKHSTAN. Irishev Berlin Kenzhetayevich was elected to head the management board. During several years ALEM BANK KAZAKHSTAN Joint-Stock Bank was as an agent of the Government of the Republic of Kazakhstan to raise foreign borrowings under state guarantee. The branch chain of ALEM BANK KAZAKHSTAN Joint-Stock Bank included 20 branches. About Bank TuranAlem On January 15, 1997 the Government of Kazakhstan issued decree # 73 to reorganize Kazakh Joint-Stock Bank Turanbank and Joint-Stock Bank AlemBank Kazakhstan. In the end, Bank TuranAlem Closed Joint-Stock Company was set up. In the same decree, the Finance Ministry of Kazakhstan was delegated authorities to own and dispose of Bank TuranAlem stock. The Finance Ministry was also vested rights to approve the Articles of Association and shape management bodies of the Bank. A general meeting of shareholders named Tatishev Yerzhan Nureldayemovich a Chairman of the Management Board of Bank TuranAlem CJSC. On October 1, 1998 Bank TuranAlem CJSC changed its name to Bank TuranAlem OJSC. On September 26, 2003 Bank TuranAlem OJSC was renamed to Bank TuranAlem JSC following its reregistration. About BTA Bank On January 24, 2008 Bank TuranAlem JSC changed its name to BTA Bank JSC in connection with a rebranding campaign. It was issued certificate #3903-1900-JSC from the Registration Committee of the Justice Ministry of Kazakhstan. A new development strategy aimed at creating a thriving international banking conglomerate is at the heard of the rebranding campaign jumpstarted in November 2007.

Address: 97, Dzholdasbekov str., Samal-2, 050051 Almaty, Kazakhstan

Phone: +7 727 2500 111
FAX: +7 727 2500 222