Development Bank of Kazakhstan told about investments of Single Accumulative Pension Fund’s assets attracted by financial institution on KASE in July-August 2016, Kapital.kz informs referring to Interfax-Kazakhstan. According to reports, 15 billion tenge will be allocated by the bank to finance the construction of facilities on the territory of EXPO-2017 in Astana. Bank will direct 17.5 billion tenge for lease financing of locally produced cars through ‘DBK-Leasing’, stated in the bank's report. In addition, SAPF funds in the amount of 85 billion tenge are involved in the formation and financing of working capital of private entrepreneurs in the manufacturing industry through interbank lending, Development Bank of Kazakhstan reports.

 

Photo: kashagan.today

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