Kazakhstan discusses possible purchase of Russia's stake in EDB

NUR-SULTAN. KAZINFORM The issue of acquisition of the Russian stake in the Eurasian Development Bank by Kazakhstan is presently discussed by the two countries, Kazinform correspondent reports.

photo: QAZINFORM

«Final decision has not been made yet. Everything depends on what share will be offered and whether other countries, including Kazakhstan, are ready to buy a certain share, and how expensive it will be,» Deputy Prime Minister - Minister of Finance of Kazakhstan Yerulan Zhamaubayev said on the sidelines of the Government’s weekly meeting.

«Currently the EDB operates in a stable way. Sanctions have not affected the bank,» he added.

Earlier, Bloomberg reported that Russia may give up its majority stake in EDB.



Фото: primeminister.kz