Development Bank of Kazakhstan opens KZT2.0 bn revolving credit facility for Kainar-AKB for purchase of raw materials for production of starting batteries

29.12.18 15:05
/KASE, December 29, 2018/ – Development Bank of Kazakhstan (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated December 29, 2018: quote Development Bank of Kazakhstan (subsidiary of National managing holding "Baiterek", hereinafter – the Bank, DBK) opened a KZT2.0 bn three-year revolving credit facility for Kainar-AKB LLP for purchase of raw materials for production of starting batteries with further export of goods. Pre-export financing was provided under the government program "Nurly Zhol". unquote More details are available on KASE website – http://kase.kz/files/emitters/BRKZ/brkz_reliz_291218_1.pdf [2018-12-29]