Tengri Bank signs trade finance agreement with Asian Development Bank

06.04.17 17:27
/KASE, April 6, 2017/ – Tengri Bank (Almaty), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following quote Asian Development Bank (ADB) and Tengri Bank today signed an agreement on trade finance according to which under the Trade finance program ADB will provide guaranties for support of import-export transactions in Kazakhstan. The agreement was signed by Stephen Back, head of ADB's trade finance unit, and Mukhtar Bekkali, Finance Director of Tengri Bank, during the annual meeting of the Bank Commission of the International Chamber of Commerce in Jakarta, Indonesia. unquote The full press release is available on KASE website – http://www.kase.kz/files/emitters/DNBN/dnbn_reliz_060417_1.pdf [2017-04-06]