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Holding «Baiterek» and the Industrial and Commercial Bank of China signed a cooperation agreement

During the IV session of the Kazakhstan-China Business Council, held within the SCO summit 2017, «Baiterek» Holding and the «Industrial and Commercial Bank of China in Almaty» JSC have signed a $300 million cooperation agreement.

«Industrial and Commercial Bank of China in Almaty» JSC is a part of the Industrial and Commercial Bank of China (ICBC) – one of the four largest state banks of the PRC.

The agreement will allow «Baiterek» Holding to provide domestic enterprises with funding at affordable rates for realization of investment projects in the area of industrial development, information technology, small and medium enterprise development, increase of export potential, transfer and implementation of innovations and other sectors, that are a priority for the Republic of Kazakhstan. 

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