Kazakh bank BTA adds $2.7 bln to loss provisions

Business Materials 8 September 2009 11:41 (UTC +04:00)

Kazakh bank BTA BTAS.KZ said on Tuesday it had added additional provisions against loan losses following a review of its loan book.

Kazakh bank BTA BTAS.KZ said on Tuesday it had added additional provisions against loan losses following a review of its loan book, Reuters reported.

"...BTA today announces a further 400 billion tenge increase in loan loss provisions in addition to those recorded as at 30 June 2009," it said in a statement.

Kazakh bank BTA adds $2.7 bln to loss provisions

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