Eximbank of India will give $10 m. to bank TuranAlem (Kazakhsatn)

/REUTERS, Almaty, February 26, 04/ - Export-import bank of India will open for Kazakhstan bank TuranAlem the credit agreement for $10 m., TuranAlem informed on Thursday. "Loans for up to five years at the rates of 0.15-0.25% over LIBOR rate will be given within the framework of the credit line", - the message says. Funds will be spent for financing of mid- and long-term projects of clients of bank TuranAlem concerned with import of goods and equipment from India. [2004-02-26]