Alliance Bank JSC (Kazakhstan) and Eurasian bank of development signed the memorandum about the cooperation

/KASE, August 31, 06/ - The press service of Alliance Bank JSC (Almaty) has spread today the press release, saying: Quotation start Alliance Bank JSC and Eurasian Bank of development signed Memorandum about cooperation in the aim of realization of the joint investments projects, targeted at advancing in infrastructure, enlarging the output of high technological production and establishing the new working places in the industrial field, energy and transport branches. It is said in the document that sides have common interests and intend to cooperate in the field of financing the investments projects and export operations, while mutually helping each other at the expense of using the different financial instruments. In compliance with the signed memorandum, Alliance Bank JSC will consider the possibility of co-financing or providing secure on projects, financed by Eurasian bank of development. Alliance Bank JSC and Eurasian Bank of development also agreed upon cooperating on structuralizing the investments projects on the subject of further joint financing and on exchanging the information of investments projects, in which it is possible to take part. Quotation end [2006-08-31]