Signature(s)
Amount
€ 120,000,000
Countries
Sector(s)
Kazakhstan
: € 120,000,000
Credit lines
: € 120,000,000
Signature date(s)
27/12/2013 : € 30,000,000
27/12/2013 : € 30,000,000
27/12/2013 : € 30,000,000
27/12/2013 : € 30,000,000
Link to source
Data sheet
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Summary sheet
Release date
27 June 2013
Status
Reference
Signed | 27/12/2013
20120596
Project name
Promoter - financial intermediary
DBK LOAN TO SMES & MIDCAPS
JSC DEVELOPMENT BANK OF KAZAKHSTAN JSC
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 120 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
A dedicated EIB loan to finance projects promoted by SMEs & mid-caps in Kazakhstan.
A first part of the loan will finance SMEs, in line with Kazakhstan's government objectives to support the growth of the SME sector in the country, diversify the economy and lower its dependence on the oil and gas extraction sectors. A second part will focus on financing projects contributing to climate change mitigation and adaptation.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Link to source
Summary sheet
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Data sheet
Related press
News & Stories
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