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

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SB "Sberbank" JSC and Corporation Kazakhmys LLP have signed an agreement on opening of a USD36 mln loan facility for funding of production capacities update projects.

This agreement is the beginning of Sberbank's successful cooperation with Kazakhstan's mining flagship Corporation Kazakhmys.

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The full press-release is available on KASE website, in Russian, at http://www.kase.kz/files/emitters/SBER/sber_reliz_290316.pdf