29 March 2006
Head of the State Nursultan Nazarbaev met with Kambar Shalgimbaev, the President of the Kazakhstan Development Bank.

Funded by the Bank projects, its funds and indicators were discussed during the meeting. KDB has invested 1 billion 800 million dollars in 79 investment projects and export operations over the period of five years.      

K. Shalgimbaev said on the briefing for journalists: “At the first time the Kazakhstan Development Bank has emitted eurobonds for 20 years, and has put benchmark at 6% of annual interest rate for countries of CIS and Central Asia. The Head of the State noticed the work of the Development Bank, and gave concrete instructions on realization of the task of Kazakhstan’s joining the world’s fifty most competitive countries”.   

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