OREANDA-NEWS. September 18, 2009. BTA Bank's subsidiary-Temirbank (Almaty), listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release, reported the press-centre of KASE:

Temirbank and National company Social and business corporation Caspiy signed a memorandum on mutual cooperation.

The memo was signed by Temirbank's chairman Erzhan Shaykenov and Caspiy's chairman Bolat Palymbetov. The document says Temirbank will continue and facilitate development of the region, including increasing financing of investment activities of the corporation. The Bank is assuming obligations to provide high quality banking products and services to employees of the company, including in implementation of state programs. Temirbank is ready to offer to corporation employees: deposits, wage projects, cashier equipment, and various options for mortgage crediting and loan refinancing.

Also the parties agreed on mutual cooperation and joint projects.

According to Erzhan Shaykenov, the bank always paid much attention to support of small and middle sized businesses, meeting their financial needs. This segment is very important and the ceremony for the best client of Temirbank of 2008 is evidence. "We are sure, - Erzhan Shaykenov said, - the strategy of trust and fair cooperation will help the country to fight the crisis with minimum losses and succeed in the nearest future".