Subsidiary Bank Sberbank of Russia funded project of group of companies National company KazakhstanTemir Zholy to the amount of USD208 mln

06.11.14 16:10
/KASE, November 6, 14/ – Subsidiary Bank "Sberbank of Russia" JSC (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of November 5, 2014: quote Subsidiary Bank Sberbank in Kazakhstan arranged financing for the group of companies of NC KTZ JSC in order to implement the project "Expansion of Aktau international sea trading port". The total project cost is 208 million U.S dollars. Sberbank loan funds will be spent on the construction of three dry cargo berths, grain handling complex and related infrastructure. This will expand Aktau international sea trading port in northern direction and increase capacity from 16.5 to 19.5 million tons. unquote The full press-release is available on KASE website at: - http://www.kase.kz/files/emitters/SBER/sber_reliz_051114_k.pdf – in Kazakh; - http://www.kase.kz/files/emitters/SBER/sber_reliz_051114.pdf – in Russian. [2014-11-06]