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Kazakh bank BTA adds $2.7 bln to loss provisions

Source: Reuters - Tue 8th Sep 2009

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

"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.

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