Kazakh BTA may recover 500 bln tenge from provisions

 @ibtimes
on September 10 2009 2:41 AM

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)

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