EuromoneyFXNews.com

EuromoneyFXNews.com

Sign up to receive free alerts from our foreign exchange news service

The truth about Asian investment banking

July 2007

Central Asia regional awards



Awards of Excellence
Armenia Azerbaijan
Kazakhstan Kyrgystan
Uzbekistan


Central Asia Regional Awards

Best Bank

BankTuranAlem

Best M&A House

Credit Suisse

Best Debt House

ABN Amro

Best Investment Bank

Ansher Capital

BankTuranAlem
’s expansion in the CIS region in the past 12 months has been impressive, through organic growth and acquisitions. In the first four months of 2007 alone, BTA’s assets grew 18.5% to $19.4 billion. The main driver of this asset growth was the loan portfolio, which grew 66.5%. In turn, income had nearly doubled in the first quarter of 2007 compared with the same period in 2006. At the end of 2006, BTA outlined plans to raise $3 billion through bond issuance and syndicated loans. So far, $1.5 billion has been raised, of which $500 million came from a syndicated loan.

In the past 12 months there have been many acquisitions across...


The rest of this article is available to subscribers only

Please Subscribe below.
Already a subscriber? Log in here.





Download the Free Euromoney iPad app today