/KASE, January 19, 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 18, 2024:
quote
On January 18, Development Bank of Kazakhstan JSC (a subsidiary of the
National Managing Holding "Baiterek") and the Italian Export Credit Agency
SACE (hereinafter referred to as SACE) signed a Memorandum of
Understanding. The Chairman of the Board of Directors of DBK, Nurlan
Baybazarov, and the CEO of SACE, Alessandra Ricchi, signed the document,
during the official visit of the President of the Republic of Kazakhstan,
Kassym- Jomart Tokayev, to the Italian Republic.
The memorandum outlines the framework for future collaboration between the
two parties. According to the document, DBK and SACE will develop business
relations in the field of insuring transactions between financial institutions
in Kazakhstan and Italy, with a focus on industries such as transport and
logistics, energy, engineering, metallurgy, chemical and food industries, and
other sectors of the economy.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_180124.pdf
[2024-01-19]