/KASE, June 13, 2017/ – Subsidiary Bank Sberbank of Russia (Almaty), whose bonds
are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with
the following press release of June 13, 2017:
quote
Sberbank opened a credit line for Sollers in the amount of KZT400 million within
the framework of Nurly Zher state program for construction of a residential
house. Using these funds, the developer will build a 9-storey residential
house with the total area of 3,771 m2 in Aktobe.
"Due to Nurly Zher state program, the residential construction sector, and the
mortgage loan market have already begun to show positive dynamics. Our bank
started to work under this program that is socially important for Kazakhstan.
Besides, its implementation will promote economic development of the country,
as each job opportunity in production allows to create 7 job opportunities
connected to it", Aleksandr Kamalov, Chairman of the Management Board of SB
Sberbank JSC, emphasized.
unquote
The full press release is available on KASE website –
http://www.kase.kz/files/emitters/SBER/sber_reliz_130617_en.pdf
[2017-06-13]