JSC "Development Bank of Kazakhstan" could RAISE up to $ 4 billion on foreign markets in 2010

17.03.10 21:21
/IRBIS, March 17, 2010/ - JSC "Development Bank of Kazakhstan" in 2010 could raise up to $ 4 billion of external borrowing, has added Chairman of the Board Mr. Ghali Izcalli - said today "News-Kazakhstan". "We have an opportunity to attract up to four billion dollars this year", - quotes agency Iskalieva. He clarified that the volume of external borrowing will depend on "the fact of how much the projects would be approved." According to him, the bank's plans in 2010 to approve projects worth about three billion dollars. "From them this year we probably will give (loans) to 1.5 billion", - added Izcalli. [2010-03-17]