/KASE, September 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 September
17, 2024:
quote
Within the framework of the Kazakh-German Business Forum held in Astana
during the official visit of German Federal Chancellor Olaf Scholz, Development
Bank of Kazakhstan JSC (a subsidiary of "Baiterek" Holding) signed three key
documents with leading German financial institutions: Deutsche Bank,
Landesbank Baden-Württemberg (LBBW) and KFW IPEX Bank.
The first of the signed documents is a letter of mandate from Deutsche Bank in
the amount of up to 200 million US dollars aimed at financing investment
projects in Kazakhstan.
Together with the letter of mandate, the DBK concluded two framework
agreements: with LBBW for 100 million euros to finance export transactions with
the support of credit agencies and with KFW IPEX Bank for 100 million euros,
which will be aimed at supporting infrastructure and industrial projects in
Kazakhstan.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_170924_1.pdf
[2024-09-17]