/KASE, May 6, 2019/ – Development Bank of Kazakhstan (Nur-Sultan), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press release:
Within the framework оf the program of preferential car loans (hereinafter - the
Program), the agent of which since April 2015 is the "Development Bank of
Kazakhstan" JSC (a subsidiary of "national managing holding "Baiterek" JSC,
hereinafter - the Bank, DBK), allocated the next, fourth tranche of funds from
public sources. 8 billion tenge received from the National budget, sent by the
Bank to commercial banks: subsidiary Bank of "Sberbank" JSC, "Bank Center
Credit" JSC, "Eurasian Bank" JSC - 2 billion tenge, "Halyk Bank of Kazakhstan"
JSC and subsidiary Bank of VTB Bank JSC (Kazakhstan) - 1 billion tenge.
In addition, 2 billion tenge was allocated to the subsidiary of the Bank JSC
"DBK-Leasing", to finance legal entities and individual entrepreneurs who
purchase leasing cars and special purpose vehicles.
The full press release is available on KASE website –