ADCB Plans to Triple Project Financing in Kazakhstan
Summary
Abu Dhabi Commercial Bank plans to triple its project financing in Kazakhstan over the next 18 months from the current 2.5 trillion tenge.
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Abu Dhabi Commercial Bank (ADCB) plans to triple its project financing in Kazakhstan over the next 18 months, expanding from the current 2.5 trillion tenge (approximately US$5.5 billion).
The initiative was discussed during a meeting with Prime Minister Olzhas Bektenov. The bank aims to broaden its role in supporting the country's real economy and infrastructure development.
Source: The Astana Times
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