/KASE, May 20, 13/ – JSC "Eurasian Bank" (Almaty), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of May 20, 2013:
quote
Michael Eggleton, CEO of Eurasian Bank, and Lyazzat Ibragimova, CEO of
entrepreneurship development fund "Damu" today signed a cooperation memorandum
on support of small and medium-sized businesses. According to the document, the
fund and financial institution will broaden the cooperation field under the
fund's programs. At Damu they believe that the cooperation with the bank is a
good example of state-private partnership.
"Subsidizing with Damu is advantageous since it allows entrepreneurs to obtain
loans at mere 7%a year and lower", – says Lyazzat Ibragimova, CEO of "Damu". –
"We welcome initiatives of second-tier banks taking part in implementation of
our programs. For instance, in 2013 in association with Eurasian Bank we funded
modernization of a taxi fleet in Zhambyl region. Transportation company Voyage
received a preferential loan.
Quote
The full press-release is available on KASE website, at
http://www.kase.kz/files/emitters/EUBN/eubn_reliz_200513.pdf
[2013-05-20]