Development Bank of Kazakhstan opens credit line to support modernization and reconstruction of Shymkent oil refinery of PetroKazakhstan Oil Products

24.05.17 16:32
/KASE, May 24, 2017/ – Development Bank of Kazakhstan (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press release to announce that the bank "opened a credit line to support the modernization and reconstruction of Shymkent oil refinery of PetroKazakhstan Oil Products. The total loan is $ 932 m for a period up to 13 years. The $ 1.9 bn project is financed under the State Program for Industrial and Innovative Development of the Republic of Kazakhstan for 2015-2019". Full press release is available on KASE website – http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_240517_1.pdf [2017-05-24]