Development Bank of Kazakhstan conducted seminar in Risk Management System for representatives of banks-members of Shanghai Cooperation Organization Interbank Association

23.08.17 15:43
/KASE, August 23, 2017/ – Development Bank of Kazakhstan (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release: quote As part of the Shanghai Cooperation Organization Interbank Association (hereinafter the "SCO IA", the "Association") on August 23 of this year in Astana, a seminar on Risk Management System was organized by Development Bank of Kazakhstan JSC (a subsidiary of Baiterek National Managing Holding, hereinafter referred to as the Bank, DBK). The seminar participants got acquainted with the Early Warning System (EWS), implemented by DBK in 2016. EWS allows DBK to promptly identify and respond to emerging risks associated with the implementation of investment projects and transactions financed by the Bank, as well as interbank lending. unquote The full press release is available on KASE website – http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_230817_1.pdf [2017-08-23]