/KASE, May 29, 14/ – National Management Holding KazAgro (Astana), bonds
of which are officially listed on Kazakhstan Stock Exchange (KASE), provided
to KASE the following press release of May 28, 2014:
quotation
"Kazagromarketing" organized the second meeting this year of the Commission
on the financial health of subjects AIC. As is well known company is the
operator of subsidizing interest rates loan and lease obligations subjects
APK for financial recovery program "Agribusiness in 2020 ."
During the meeting, the Commission considered 55 applications submitted by
a number of financial institutions, including the subsidiaries of the holding
"KazAgro" and second-tier banks.
Total debt on the submitted bids totaled 30.4 billion tenge.
Borrowers are agribusinesses 9 regions of the country and two cities: North
Kazakhstan - 12, Akmola - 6 Kostanayskaya - 7 , Aktobe - 4 , Almaty - 5 ,
East-Kazakhstan - 9, West Kazakhstan - 1, Karaganda - 5, Pavlodar - 1, South
Kazakhstan - 2 and Astana - Almaty and 1 - 2.
Following the meeting, the Commission approved 46 applications agro debt
totaling 15.5 billion tenge.
ends
The press release full version is available on KASE website at:
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http://www.kase.kz/files/emitters/KZAG/kzag_reliz_280514_kz.pdf – in Kazakh;
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http://www.kase.kz/files/emitters/KZAG/kzag_reliz_280514.pdf – in Russian.
[2014-05-29]