Turk EximBank and Development Bank of Kazakhstan signed USD 250 mln agreement
14:31, 15 October 2012
ASTANA. October 15. KAZINFORM Managing Director-Board Member at Development Bank of Kazakhstan Zhaslan Madiyev and Deputy General Manager of Türk Eximbank Mesut Gürsoy signed a memorandum on mutual understanding with the extension of credit facility amounting to USD 250 million, the press service of the Bank informs.
The extension of credit facility will allow Kazakhstan's bank to attract financing on more favorable terms for investment projects in the sphere of infrastructure and manufacturing industry.
The sides agreed the signing is an important stage of the long-term bilateral cooperation oriented to the further development of trade and economic relations between Kazakhstan and Turkey.