Kazakh BTA may recover 500 bln tenge from provisions
Kazakh bank BTA said on Thursday it may recover 500 billion tenge from provisions for bad loans within several years.
Around 500 billion tenge are supposed to be recovered from such assets (bad loans), Anvar Saydenov, BTA's chief executive officer, told reporters.
(Reporting by Olzhas Auyezov, writing by Dmitry Sergeyev, editing by Robin Paxton)
© Copyright Thomson Reuters 2024. All rights reserved.
Join the Discussion
Editor's pick