Calendar of events
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June 13, 2008.
Kazakhstan Development Bank attracted USD 1 bln in Jan-May 2007
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"Development Bank of Kazakhstan" JSC has attracted more than USD 980 mln during the period of Jan-May 2007 and has signed agreements on credit lines to the amount of USD 700 mln. The Bank works at present at attraction of extra USD 400 mln in the 3rd q 2008, Kazinform cites the Bank's press service. The Bank plans to increase financing of the companies in production and infrastructural sectors and continue playing an important role in realization of the state investment policy. "Active support of financial sector by the Government and national development institutes, financing of large infrastructural projects through state-private sector partnership and improvement of legislation underlie successful attraction of financial resources from foreign banks to Kazakhstan economy", Chairman of Bank Mukan Sagindykov noted. The abovementioned loans can provide basis for investment activity in 2008 and 2009.
| Type: |
Portal news |
| Organizers: |
Government |
| Theme: |
Economic Reforms |
| Open press: |
No |
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