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China Development Bank to increase line of credit by $300 million

Astana. December 25. Kazakhstan Today - The State Development Bank of China (China Development Bank) will increase the line of credit for Development Bank of Kazakhstan (DBK) by $300 million, the agency 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.

Resourse: Kazakhstan Today

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