Development Bank of Kazakhstan reports holding SCO IBO experts and coordinators meeting

17.05.24 16:33
/KASE, May 17, 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 May 16, 2024: quote On May 16, a meeting of experts and coordinators of the Interbank Association of the Shanghai Cooperation Organization (hereinafter referred to as the Association, the SCO IBO) was held in an online format under the chairmanship of Development Bank of Kazakhstan JSC (a subsidiary of "Baiterek" NMH JSC). The participants of the event, who represented eight member banks of the Association, paid special attention to the topics of sustainable development, ecology and climate change. "Our Association can discuss new opportunities for a "green" economy. To decarbonize and create a green economy at the required speed, we need resources and collaborative partnerships. Climate security can be achieved only through close cooperation and effectively selected joint measures", said Deputy Chairman of the Management Board of DBK Botagoz Abisheva in her welcoming speech. During the meeting, the SCO IBO experts discussed the possibilities of developing and implementing new forms of integration for more active co- financing by member banks of the association of projects, including ESG projects. This area includes both bilateral and multilateral agreements. unquote The complete press release is available on – https://kase.kz/files/emitters/BRKZ/brkz_relizs_160524_1.pdf [2024-05-17]