17.04.2009, 13:16 3255

Export-Import Bank of China grants $100 million loan

The Export-Import Bank of China and JSC Development Bank of Kazakhstan signed the agreement on granting the preferential demand credit line on April, 16th, 2009 in Beijing. The agreement was signed during the state visit of the President of the Republic Kazakhstan, Nursultan Nazarbayev, to the Chinese National Republic, the agency reports citing Development Bank of Kazakhstan.

Almaty. April 17. Kazakhstan Today - The Export-Import Bank of China and JSC Development Bank of Kazakhstan signed the agreement on granting the preferential demand credit line on April, 16th, 2009 in Beijing. The agreement was signed during the state visit of the President of the Republic Kazakhstan, Nursultan Nazarbayev, to the Chinese National Republic, the agency reports citing Development Bank of Kazakhstan.

"The document was signed in the presence of the leaders of the states by the President of Development Bank of Kazakhstan, Zhanat Zhakanov, and Export-Import Bank of China President, Zhong guo Li," the press service informed.

According to Development Bank of Kazakhstan, according to the signed agreement the Export-Import Bank of China grants $100 million loan to Development Bank of Kazakhstan for the period of 20 years for financing investment projects in industry and infrastructure.


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