EBRD gave credits for $45 m. to three Kazakhstan banks

/REUTERS, Almaty, December 8, 03/ - European bank for reconstruction and development (EBRD) gave credit equaling to $25 m. to Kazakhstan largest Kazkommertsbank for financing agriculture and opened lines to banks TuranAlem and CenterCredit for small and medium business crediting $10 m. each, informed the bank. Necessary agreements were signed on Saturday. EBRD, which is minority shareholder of Kazkommertsbank and bank TuranAlem, has not informed about rates and terms of crediting. [2003-12-08]