Bank CenterCredit OJSC (Kazakhstan) and Development Bank of Kazakhstan CJSC have signed a Memorandum on collaboration
/IRBIS, May 22, 02/ - Vice-president of Development Bank of Kazakhstan
CJSC (Astana) Timur Zhakselekov and the Chairman of the Board of Bank
CenterCredit OJSC (Almaty) Vladislav Li have signed a Memorandum on
collaboration. It is said in a press release distributed today by Bank
It is said in the report that within the Memorandum itself the sides intend to
realize joint programs in the sphere of co-financing of export transactions for
the amount not less than 1 million US dollars and investment projects for the
amount not less than $5 million of large agriculture and industrial projects.
Besides, Bank CenterCredit OJSC plans to serve investment projects and
export transactions accepted to financing by Development Bank or joint
financing, to be a guarantor of investment project or export transaction
financed by Development bank.
"The signed agreement will give an additional impulse for realization of state
program on development of industrial infrastructure and processing
productions through attraction of domestic investments in the economy," is
said in the report.