/KASE, March 13, 2024/ – Development Bank of Kazakhstan JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release dated March 13, 2024:
quote
On March 12, the Kazakhstan Stock Exchange (KASE) held an annual award
ceremony for companies that participate in the capital market. Among the
awarded - JSC "Development Bank of Kazakhstan" (subsidiary of JSC "NMH
"Baiterek").
The Bank received a diploma "For the pursuit of transparency", with which KASE
noted the Bank's experience in disclosing information to investors and building
communications with them on the stock exchange. It also generally reflects the
work of the Financial Institution in increasing its openness to all
stakeholders, including primarily the general public of the country.
In addition, DBK was awarded in the category "Leader of the ESG Bond Market".
Let us recall, on March 29, 2023, the Bank placed on KASE its debut "green"
bonds worth 10 billion tenge. The funds were used to support KEGOC's project
to modernize energy infrastructure in the western regions of Kazakhstan.
Separately, DBK has "green" bonds, which were first certified by Climate Bonds
Initiative in Central Asia, which means that the securities meet world
standards.
The introduction of ESG principles into the activities of the Bank and its
borrowers is one of the main directions of the Bank's new Development Strategy
2024-2033.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_130324.pdf
[2024-03-13]