/KASE, December 30, 2019/ – ForteBank (Nur-Sultan), whose securities are
officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release dated December 30, 2019:
ForteBank took part in the program of funding micro-, small-, and medium-sized
businesses by raising funds from the EBRD. This program will help the bank to
more actively lend to Kazakhstan's businesses on more favorable terms.
The general funding package includes a 3-year loan in the equivalent of USD50
mln for funding businesses and an equivalent of USD10 mln for developing women's
businesses. The respective agreements were signed on December 27, 2019 in the
HQ of ForteBank.
The full press release is available on KASE website –