Development Bank of Kazakhstan JSC (a subsidiary of JSC 'National Management Holding Baiterek', hereinafter — DBK, Bank), jointly with Nurbank JSC and Bank CenterCredit JSC, have signed a trilateral agreement of intent to provide financing as part of a syndicated loan to RG Brands Kazakhstan LLP.
Domestic banks actively support government programs aimed at business development. The most significant social and economic projects are being implemented in collaboration with the 'Damu' Fund.
Gulnara Musataeva, head of Nurbank, explained why the bank lends to corporate clients and SMEs, as well as its intention to engage in syndicated lending.
Loan refinancing is the most versatile method to reduce debt burden or consolidate multiple loans into one for easier repayment, plus take an additional amount.
In an interview with inbusiness.kz, Gulnara Musataeva, the head of the bank, explained how the bank builds long-term relationships with its partners and why the bank's credit products give them an advantage in growing their business.
