Global Trade Alert
Global Trade Alert

Kazakhstan: The Eurasian Development Bank opens a US $ 12 million loan facility for Transtelecom

Announcement

28 Oct 2016

According to an official press report of the Eurasian Development Bank (EDB) dated 28 October 2016, it has opened a loan facility for Transtelecom. This company has a leading position on Kazakhstan's telecommunications market.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Oct 2016

Revocation date:

No revocation date

Updated: 28 Oct 2016
State loan In force

The loan agreement is at the amount of KZT 4 billion (US $ 12.044 million). It was signed on 28 October 2016. The purpose of the funds is to finance Transtelecom's everyday business operations...

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