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| Additional information |
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| BTA Bank JSC (Bank TuranAlem) |
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Mission statement:
BTA Bank JSC offers a full range of financial solutions in the emerging markets of Europe and Asia.
BTA Values
Integrity and Responsibility
Integrity and responsibility is the foundation of our business conduct. BTA ensures that every employee strictly complies with bank’s values and policies. BTA assumes responsibility for its actions and adheres to its obligations before employees, clients, suppliers, community, state and society at large.
Respect
BTA and its employees respect every individual and their rights regardless of race, ethnicity, gender, religion, or nationality.
Aspiration for Improvement
BTA constantly improves its products and services, supports innovation and encourages high professional standards and entrepreneurial spirit among its employees.
Teamwork and Cooperation
We achieve results through teamwork. We share our experience and knowledge with our employees and stakeholders. We strive to create an effective and innovative work environment based on mutual collaboration, openness and loyalty.
BTA Philosophy
Employees
BTA is an equal opportunity employer and adheres to the principle of objectivity in appraising employee performance.
Human Capital is BTA’s most valuable asset and our focus is to nurture and develop our employees to be the best they can be by introducing the concept of continuous learning and professional development.
Sound professional conduct is the key to our success.
Clients
BTA values its clients and does its best to satisfy their needs by offering high quality customer service, innovative and custom tailored financial solutions.
BTA business rests on confidentiality and trust and aims for a long-term customer satisfaction.
Shareholders
BTA’s primary objective is to increase shareholder value by providing superior customer service and cutting edge risk management.
Business Partners
BTA builds business relationships based on mutual trust, respect and benefits. BTA takes full responsibility for and honors its liabilities.
Competitors
BTA promotes fair competition practices and tries to excel only through its superior financial products and services.
BTA adheres to high ethical standards in relation to its competitors.
State and Community
BTA fully complies with the laws and regulations of the Republic of Kazakhstan.
BTA is a part of the community and assumes social responsibility.
BTA demonstrates corporate social responsibility by contribution into the development of community and business practices based on ethical values, respect to employees, citizens and the environment. |
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History:
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. |
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| Formerly known as:
Bank TuranAlem JSC |
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