Sberbank organizes financing in the amount of $400 million for upgrade of Shymket refinery
Edited by Rhod Mackenzie / 2014-10-30 06:54:19
Sberbank CIB (Corporate and Investment Banking business of Russian Sberbank) together with the Sberbank’s subsidiary bank in Kazakhstan have organized financing for KazMunaiGaz - Processing and Marketing in the amount of $400 million for 10 years, the press centre of Sberbank reported.
According to the report, the funds will be used to finance the modernization project of PetroKazakhstan Oil Products (Shymkent refinery).