OREANDA-NEWS. October 06, 2011. JSC "Alliance Bank" announces new financing programme for small and medium businesses under the Asian Development Bank (ADB) investment program, reported the press-centre of KASE.

The deal was preceded by an ADB-led selection amongst Kazakh second-tied banks. Eventually three banks were appointed as partners, including Alliance Bank, yet another time highlighting investors' increased trust in the Bank.

ADB, under a Loan Agreement between Alliance Bank and Entrepreneurship Development Fund DAMU, will dispense KZT7.4 bn for up to 60 months.