/KASE, December 21, 2023/ – Development Bank of Kazakhstan JSC
(Astana), whose bonds are officially listed on Kazakhstan Stock Exchange
(KASE), has provided KASE with the following press release dated December
20, 2023:
quote
Development Bank of Kazakhstan JSC (a subsidiary of Baiterek NMH JSC) and
the Export-Import Bank of Saudi Arabia signed a Memorandum of
Understanding. The document defines the basic principles for the development of
cooperation between two financial organizations, the purpose of which is to
finance investment projects in the field of export of goods and services between
the Republic of Kazakhstan and the Kingdom of Saudi Arabia.
The MoU was signed by Mr. Marat Yelibayev, Chairman of the Management
Board of the Development Bank of Kazakhstan and Dr. Naif bin Abdulrahman Al-
Shammari, Deputy CEO of Saudi EXIM Bank, on Wednesday, December 20,
2023, in Riyadh.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_201223.pdf
[2023-12-21]