21.01.2015, 11:04
National managing holding KazAgro says Kazagromarketing starts acceptance of orders to subsidize interest rates under loan/leasing agreements of agribusinesses
OREANDA-NEWS. National managing holding KazAgro JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), today
provided KASE with the following information statement:
"...Kazagromarketing JSC, a subsidiary of National managing holding KazAgro JSC, starts acceptance of orders from financial institutions to subsidize interest rates under loan/leasing agreements of agribusinesses. The subsidies are to be provided under the Program for development of agribusiness in the Republic of Kazakhstan for 2013-2020 "Agribusiness-2020". The nominal interest rate of the loans and lease to be subsidized should be maximum 14% per annum in tenge and maximum 10% per annum in foreign currency".
"...Kazagromarketing JSC, a subsidiary of National managing holding KazAgro JSC, starts acceptance of orders from financial institutions to subsidize interest rates under loan/leasing agreements of agribusinesses. The subsidies are to be provided under the Program for development of agribusiness in the Republic of Kazakhstan for 2013-2020 "Agribusiness-2020". The nominal interest rate of the loans and lease to be subsidized should be maximum 14% per annum in tenge and maximum 10% per annum in foreign currency".
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