OREANDA-NEWS. Subsidiary Bank Sberbank of Russia (Almaty), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release:

"SB Sberbank has allocated a KZT1.85 bn credit limit to Alina group of companies.

The funds obtained will be used to replenish the working capital of the company. The credit line is part of a United program "Business Road Map 2020". The company has already started using the funds under this line.

Alina group of companies is the Kazakhstan's largest manufacturer and a distributor of building and finishing materials, including paints, industrial gypsum, calcite and marble chips. The company represents 60% of the local dry building mixes market and 28% of the local paints and varnishes market."