International Finance Corporation extends financing of small and medium business of Kazakhstan

ALMATY. February 2. KAZINFORM /Daniyar Sikhimbayev/ The International Finance Corporation, member of the World Bank?s group, extends financing amounted to USD 45 mln for the term of 5 years to Bank Center Credit for the support of small and middle business, Kazinform refers to the press service of the Corporation.

The IFC investments will increase the access to the financing for small and middle business in Kazakhstan, limited by the global liquidity crisis. Director of the IFC for Eastern Europe and Central Asia Shahbaz Mavaddat said that the Bank is a good platform for the Corporation in consistent provision of financing of small and middle business of Kazakhstan. ?We are pleased to provide new loan and keep on to support the Bank during difficult period on international markets of capital?, he said.