Development Bank of Kazakhstan joins Green Investment Principles for Belt and Road initiative

20.03.24 15:11
/KASE, March 20, 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 March 20, 2024: quote On March 18-19, a working visit of representatives of Development Bank of Kazakhstan JSC (a subsidiary of NMH "Baiterek" JSC, hereinafter – DBK, Bank) to Beijing took place. During the visit, DBK officially joined the list of signatories of the Green Investment Principles for Belt and Road (hereinafter referred to as GIP) in Central Asia, which unites 48 global institutions from 17 countries. Representatives of the DBK also held meetings with partners from Chinese financial institutions and companies. "The Bank continues to expand international partnerships in order to attract new investments to finance projects in the manufacturing industry and infrastructure of Kazakhstan. The Bank's cooperation with Chinese institutions has a successful experience and has already brought benefits to the economy of our country in the form of new projects in metallurgy, oil refining and other industries. Joining the Green Investment Principles will facilitate the financing of "green" projects, which today is one of the important priorities for the country," said Marat Yelibaev, Chairman of DBK's Board. unquote The complete press release is available on – https://kase.kz/files/emitters/BRKZ/brkz_relizs_200324.pdf [2024-03-20]