EBRD provides $60M to Kazakhstan’s Bank CenterCredit NUR-SULTAN. KAZINFORM - The European Bank for Reconstruction and Development (EBRD) is promoting green financing, lending to micro, small and medium-sized enterprises (SME) and women entrepreneurs in Kazakhstan by providing a loan package of US$60 million in Kazakh Tenge equivalent to the country’s leading lender Bank CenterCredit (BCC), ebrd.com reports.
Loan Agreement between Kazakhstan and AIIB ratified NUR-SULTAN. KAZINFORM The Head of State signed the Law of Kazakhstan «On ratification of the Loan Agreement (Active measures to combat COVID-19 and the cost support program) between Kazakhstan and Asian Infrastructure Investment Bank», the Akorda press service reports.
ADB launches 9-bln-USD facility to help access, distribute COVID-19 vaccines MANILA. KAZINFORM - The Asian Development Bank (ADB) on Friday said it had launched a 9-billion-U.S. dollar vaccine initiative called the Asia Pacific Vaccine Access Facility (APVAX), offering its members rapid and equitable support to procure and deliver COVID-19 vaccines, Xinhua reports.
National Bank of Kazakhstan funding state programs worth KZT2.3tln ALMATY. KAZINFORM - Deputy Chairman of the National Bank of Kazakhstan Akylzhan Baimagambetov talked about the financing of state programs during the round table on the results of the development of financial sector during the coronavirus pandemic, Kazinform correspondent reports.
Kaspi.kz’s CEO Mikhail Lomtadze recognized as the best business leader in Kazakhstan ALMATY. KAZINFORM - Mikhail Lomtadze, the CEO of Kaspi.kz, has been recognized as the best business leader in Kazakhstan, according to PricewaterhouseCoopers’ (PwC) 2020 CEO Survey, Kazinform has learnt from the bank’s press service.
Kazakhstan's Development Bank seeks to expand its RES projects portfolio BAKU. KAZINFORM Being one of the key stakeholders in support of renewable energy (RES) projects, the Development Bank of Kazakhstan (DBK) seeks to expand the portfolio of RES projects and is ready to co-finance the creation of green capacity of Kazakhstan’s electricity industry.
ADB downgrades developing Asia's 2019, 2020 growth forecast TOKYO. KAZINFORM The Asian Development Bank expects slower growth than expected for developing Asia this year and next, it said in a report Wednesday, citing weakening domestic investment due to external factors such as the U.S.-China trade war for its 5.2 percent expansion forecast.
EIB to end financing for fossil fuel energy projects from late 2021 NUR-SULTAN. KAZINFORM - The board of the European Investment Bank (EIB) has agreed a new energy lending policy and confirmed the EIB’s increased ambition in climate action and environmental sustainability, Trend reports with reference to the organization.
EAEU central banks working on agreement on overseeing payment systems MINSK. KAZINFORM – The central banks of the Eurasian Economic Union member states are about to finish work on the agreement on oversight over payment systems, BelTA learned from NBRB Deputy Chairman of the Board Dmitry Kalechits during the international forum on banking industry information technologies BANKIT on 22 October.