Development Bank of Kazakhstan signs loan agreement with Passenger leasing carriage company and Passenger Transportation

03.08.15 17:42
/KASE, August 3, 15/ – Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of July 31, 2015: quote The affiliated structure of Baiterek NMH JSC Development Bank of Kazakhstan JSC (hereinafter – the Bank, DBK) provides a loan for a period up to 20 years to purchase Talgo passenger cars for expansion of high-speed movement on key routes. The project with total cost of 5 billion KZT is financed using funds of the National Fund according to the Government Decree of the RK No. 271 dated April 23, 2015. unquote The full press-release is available on KASE website in Russian at http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_310715.pdf [2015-08-03]