03.09.2015, 13:53
Development Bank of Kazakhstan grants loans to ArcelorMittal Temirtau and Kazzinc totalling KZT16.2 bn under Nurly Zhol economic policy
OREANDA-NEWS. Development Bank of Kazakhstan JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release:
"...A subsidiary of NMH Baiterek JSC, Development Bank of Kazakhstan JSC (hereinafter – the Bank, DBK) opened a credit line for a total of KZT16.2 bn export operations of ArcelorMittal Temirtau JSC (included in ArcelorMittal Group) and Kazzinc LLP (included in the structure of Glencore International). The amount was granted on preferential terms within the framework of the New Economic Policy Nurly Zhol in support of Kazakhstan export".
"...A subsidiary of NMH Baiterek JSC, Development Bank of Kazakhstan JSC (hereinafter – the Bank, DBK) opened a credit line for a total of KZT16.2 bn export operations of ArcelorMittal Temirtau JSC (included in ArcelorMittal Group) and Kazzinc LLP (included in the structure of Glencore International). The amount was granted on preferential terms within the framework of the New Economic Policy Nurly Zhol in support of Kazakhstan export".
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