Subsidiary Bank Sberbank of Russia announces funding industrial innovative projects worth KZT15.7 bn in Kazakhstan
31.07.14 12:39
/KASE, July 31, 14/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE
with the following press-release of July 31, 2014:
quote
The funds in amount of 11 billion tenge have been granted by the Kazakhstan
Development Bank (KDB) within the framework of the inter-bank lending program;
and those in amount of 4.7 billion tenge are the internal funds of the
"Sberbank". There have been funded the projects in such sectors as the
machinery-producing industry, metallurgy, chemical industry, petrochemical
industry, food industry, - to the total amount of 15.7 billion tenge.
‘We are grateful to the Kazakhstan Development Bank for its confidence in us.
We have managed to get assimilated the funds devoted by the KDB, - before the
scheduled date. The "Sberbank" is interested in the stable development of the
country's economy, and is always ready to render support to the national
manufacturers. These funds have already been directed for the working capital
financing of the enterprises, as well as for the creation of the new
manufacturing lines and for the expanding of the manufacturing lines
presently-being in service', noticed Mr. Aleksandr Kamalov, the Chairman of the
Management Board of the "Sberbank" in Kazakhstan.
‘The inter-bank lending program set-up by the Development Bank upon an
initiative of the "Baiterek" National Management Holding at the end of the year
2013, - is presently bringing the first results: there have been opened the new
manufacturing lines, and created the new jobs. And we intend to extend the
cooperation with the commercial banks in this regard. We are glad to see that
the "Sberbank" is among our partners, and actively supports the KDB in terms of
the development of the corporate financing in Kazakhstan', emphasized Mr. Askar
Dostiyarov, the acting in lieu of the Chairman of the KDB's Management Board.
For more details, You may always contact the Press Offices:
SB "Sberbank" JSC:
Yekaterina Kupreeva,
+7 (727) 266 35 68 (interphone 502499)
tel.:+7 702 18 16 127
e-mail: yekaterina.kupreeva@sberbank.kz
"Kazakhstan Development Bank" JSC
Dinara Joldaspayeva
+7 71 72 79 26 08 (вн. 7432)
Mobile phone:+7 701 49 85 314
e-mail: DinaraJ@kdb.kz
unquote
[2014-07-31]