Kazakhstan Development Bank to support processing industry
16:18, 10 December 2014
ASTANA. KAZINFORM Kazakhstan Development Bank will allocate KZT 50 bln for long-term crediting of the projects in the sphere of processing industry through commercial banks, its press service said.
The National Fund will provide loan proceeds under the joint action plan of the Kazakh Government and National Bank to fund business entities in manufacturing sector. 13 second-tier banks participate in the said program so far.