/KASE, September 24, 09/ - ATFBank (Almaty), a company listed on Kazakhstan
Stock Exchange (KASE), provided KASE with a press release:
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ATFBank is launching a new credit product in the form of long-term
financing of capital deposits for up to five years applying optimized price
conditions.
The product must finance power efficiency projects.
A credit financing one project will amount between USD0.7 to USD7 m.
The product resulted from the agreement between ATFBank and EBRD on
special credit line for financing of Kazakhstan businesses planning to invest to
fight expenses for own power consumption (e.g., purchase or repairs of old
equipment). This investment must increase competitiveness and business value
of bank clients.
The power efficiency project credit program consists of two components:
1. Free of charge technical consultation, provided by Kazakhstan Fund for
Sustainable Energetic (KAZSEFF), a partner of EBRD (KAZSEFF acts as an
advisor for businesses in regard of technical aspects of the project, and at
estimation of power efficiency).
2. Financing in agreement with ATFBank.
Contact:
PR-Service of ATFBank
Elvira Peltola
Tel: +7 (727) 2583 111 ext. 06-63
e -mail: Peltola@atfbank.kz
Algia Aytbaeva
Tel: +7 (727) 2583 111, ext. 25-06
e -mail: A.Aitbayeva@atfbank.kz
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The full version of the press release is available at the KASE website at
http://www.kase.kz/files/emitters/ATFB/atfb_reliz_240909.pdf
[2009-09-24]