Board of Directors of Development Bank of Kazakhstan takes decision to secure loan from Export-Import Bank of China and conclude loan agreement with China Development Bank

/KASE, April 2, 15/ – Development Bank of Kazakhstan JSC (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote On March 20, 2015 (Minutes No. 167-2015-04) following a decision of the Bank's Board of Directors the following decisions were taken: 1. on increasing the Bank's liabilities by an amount making ten and more percent of the Bank's equity by way of securing a loan from the Export-Import Bank of China to the amount of USD500 mln; 2. on increasing the Bank's liabilities by an amount making ten and more percent of the Bank's equity by way of concluding a loan agreement with China Development Bank to the total amount of USD650 mln. unquote [2015-04-02]