EBRD prepares loans to Kazakhstan banks for $20 m., probably in KZT

/IRBIS, December 8, 04/ - Information below is translated abstract of REUTERS news. European Bank for Reconstruction and Development (EBRD) plans to give to Kazakhstan banks BTA Mortgage and CenterCredit loans for $10 m. each for mortgage crediting, information published in bank's site www.ebrd.org says. Loans may be given for the first time in KZT - before EBRD credited Kazakhstan banks only in USD. Loans should be approved by the bank's board of directors. BTA Mortgage - specialized subsidiary company of bank TuranAlem, the second largest in Kazakhstan. [2004-12-08]