Development Bank of Kazakhstan reports receiving ADFIAP awards

21.05.24 11:02
/KASE, May 21, 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 20, 2024: quote Development Bank of Kazakhstan JSC (a subsidiary of the Baiterek holding, hereinafter referred to as the Bank, DBK) was awarded a number of awards from the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP). The award ceremony took place as part of the 47th ADFIAP Annual Meeting in Phnom Penh, Kingdom of Cambodia. DBK was represented at the event by Anna Zagoskina, Chief Manager of the Funding and International Cooperation Department. ADFIAP is a non-governmental organization in consultative status with the UN Economic and Social Council. Its activities are aimed at promoting sustainable economic, environmental, social development and growth in the region. It includes about 90 financial institutions from 38 countries in Asia and Oceania. By decision of the ADFIAP Award Council, DBK was awarded in the "Environmental Development" category for the investment project for the construction of the sludge processing plant ERG Green in the city of Khromtau. This project will improve the environment in the Aqtobe region by processing historically accumulated waste from the Donskoy Mining and Processing Plant (part of TNC Kazchrome of the ERG group). In addition, the Bank received special awards in the categories "Best Website" and "Best Sustainability Report". unquote The complete press release is available on – https://kase.kz/files/emitters/BRKZ/brkz_relizs_200524_1.pdf [2024-05-21]