/KASE, January 10, 2024/ – 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 January 10, 2024:
quote
On December 22, 2023, JSC "Development Bank of Kazakhstan" (a subsidiary of
"Baiterek" National Management Holding, hereinafter referred to as DBK or the
Bank) initiated financing for an investment project aimed at manufacturing
caustic soda, PVC, and calcium carbide in the Turkestan region. The project is
undertaken by the company "Innovative Complex Sastobe."
The project is planned to be supported through co-financing in collaboration
with a second-tier bank in Kazakhstan. Its total cost amounts to KZT 153.88
billion, with DBK contributing up to KZT 64.46 billion.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_100124.pdf
[2024-01-10]