04.06.2009, 17:30 2897

Nurbank, ICIEC signed cooperation agreements

JSC Nurbank signed cooperation agreements with Islamic Corporation for Insurance of Investments and Export Credits (ICIEC), the agency reports citing Nurbank press service.

Almaty. June 4. Kazakhstan Today - JSC Nurbank signed cooperation agreements with Islamic Corporation for Insurance of Investments and Export Credits (ICIEC), the agency reports citing Nurbank press service.

"The ceremony of signing of the cooperation agreement between Nurbank and ICIEC took place yesterday in Ashkhabad. Nurbank, first in Kazakhstan, will be able to offer its clients services in insurance and export crediting of trade and investment transactions with ICIEC countries for the sum of $150 million. ICIEC General Director - Dr. Abdel Rahman Tahi and Nurbank chairman, Marat Zairov, signed the agreement," the press service informed.

According to the press service, the memorandum was signed during the 34th annual session of the Board of Directors of the group of Islamic Development Bank.

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