Development Bank of Kazakhstan announces intention to assist in development of Islamic financing in Kazakhstan jointly with Al Hilal bank

04.12.15 09:54
/KASE, December 4, 15/ – Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press release saying that Development Bank of Kazakhstan JSC (subsidiary of National Managing Holding Baiterek JSC, hereinafter – the Bank, DBK) and Islamic Bank Al Hilal JSC (subsidiary bank in Kazakhstan of the public joint stock company Al Hilal Bank, UAE) agreed on cooperation in development of Islamic financing in Kazakhstan". The full version of the press release is available on KASE website in Russian at – http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_031215.pdf [2015-12-04]