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China Development Bank to increase line of credit for Kazakh’s Bank

Business Materials 25 December 2008 15:06 (UTC +04:00)

The State Development Bank of China (China Development Bank) will increase the line of credit for Development (DBK) by $300 million, Kazakhstan Today reports with reference to the press service of the bank.

"During the visit to Beijing of the Kazakhstan delegation headed by the Chairman of the Board of JSC Company Fund of National Welfare Samruk-Kazyna, Kayrat Kelimbetov, on December, 17th, 2008, the parties signed the agreement on the additional line of credit at the rate of $300 million between the State Bank of Development of China (China Development Bank) and the JSC Company Development Bank of Kazakhstan," the press service informed.

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