Development Bank of Kazakhstan says Board of Directors approved amendments to bank's 2014–2023 development strategy

02.10.17 17:44
/KASE, October 2, 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 The Board of Directors (hereinafter the BD) of Development Bank of Kazakhstan JSC (a subsidiary of JSC "National Managing Holding "Baiterek", hereinafter DBK, the Bank) approved changes to the Development Strategy of DBK for 2014-2023 at the regular meeting on 29 September of the current year. (hereinafter the Strategy). The adjustment was made after the actualization of the long-term Strategy of Baiterek Holding. The updated version of the document is aimed at fulfilling the tasks outlined by the President of Kazakhstan Nursultan Nazarbayev in the Address of January 31, 2017 "Third Modernization of Kazakhstan: global competitiveness", including, in terms of reducing the state's share in the economy. unquote Details are available on KASE website – http://www.kase.kz/files/emitters/BRKZ/brkz_reliz_021017_1.pdf [2017-10-02]