Subsidiary Bank Sberbank of Russia issues preferential loans to local entrepreneurs for acquisition of Belarusian equipment

26.09.16 11:38
/KASE, September 26, 2016/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote SB Sberbank JSC has concluded the agreement with the Government of the Republic of Belarus for preferential loans issue to Kazakhstan entrepreneurs for acquisition of goods manufactured in Belarus. Entrepreneurs can receive compensation of a loan interest rate in the amount of 5,5% (compensation is made in the amount of refinancing rate established by the National Bank of the Republic of Kazakhstan) within the Agreement for loans issue for acquisition in the Republic of Kazakhstan of the goods made in the Republic of Belarus unquote The press release is available on KASE website: - http://www.kase.kz/files/emitters/SBER/sber_reliz_260916_kz_.pdf – in Kazakh - http://www.kase.kz/files/emitters/SBER/sber_reliz_260916_.pdf – in Russian; - http://www.kase.kz/files/emitters/SBER/sber_reliz_260916_en.pdf – in English. [2016-09-26]