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Nurbank, Islamic Development Bank sign agreement

ALMATY. April 14. KAZINFORM /Serik Koibagarov/ “April 14 Nurbank JSC proceeds to utilization of the funds within the credit line from the International Islamic Trade Finance Corporation (ITFC)”, Chairman of the Board of the Bank Marat Zairov announced today in Almaty. The credit line to the amount of USD 5 mln is open on the security of fulfillment of obligations, issued by Nurbank in favor of the ITFC that is an affiliate of the Islamic Development Bank. As M.Zairov hopes that having signed this agreement, Islamic financing is expected to become one of the most accessible sources of financing of trade contracts of the Bank’s clients.


Resourse: KAZINFORM







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