BTA Bank, Kazakhstan's biggest lender before it defaulted in 2009, said its first-half net loss narrowed by 41 percent from a year earlier, Bloomberg reported.
The bank had a loss of 48.4 billion tenge ($331 million) compared with a loss of 85.5 billion tenge in the year-earlier period, the Almaty-based lender said in a statement published on the Kazakhstan Stock Exchange's website today.
The figures are based on unadited consolidated data calculated in accordance with international financial reporting standards, according to the statement.