South-Korean Eximbank has given credit line to Bank CenterCredit OJSC (Kazakhstan) for $5.0 m

/IRBIS, July 21, 03/ - Bank CenterCredit OJSC (Almaty), whose securities are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, spread press-release today about receiving of credit line from south-Korean Eximbank for USD5.0 m. As is said in the press-release of Bank CenterCredit OJSC, this credit agreement for USD5.0 m. was signed by the banks on July 16 of 2003. Credit line, which has been given by Eximbank, provides for financing export-import contracts for delivery of fixed assets of South Korean production for 5 years. Bank CenterCredit OJSC intends to spend the borrowed funds for financing long- term projects of its clients for import of equipment from South Korea. [2003-07-21]