DBK allocates KZT20 bln to support Kazakhstan’s automotive industry
Development Bank of Kazakhstan JSC (a subsidiary of Baiterek National Management Holding JSC) provides phased lending to second-tier banks with the aim of financing individual buyers of Kazakhstani passenger cars at the expense of the National Bank of Kazakhstan. To this end, DBK, through the issuance of bonds, has borrowed funds from Kazakhstan Sustainability Fund JSC (a subsidiary of the National Bank Kazakhstan), Strategy reports with reference to the DBK Public Relations Service.
18 October, 2019 15:05