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KazAgro borrows $100 million from Royal Bank of Scotland

06 january 2014, 20:06
0
©Reuters
©Reuters
KazAgro National Company has borrowed $100 million from the Royal Bank of Scotland, Tengrinews reports citing the press-service of the national company.

"KazAgro National Company has obtained a loan in the amount of $100 million from the Royal Bank of Scotland on favorable terms. This deal reduces the overall cost of KazAgro's funding," the message says.

According to the press-service of the government's agricultural lender, the obtained loan will be used to replenish the company's working capital and continue funding Kazakhstan's agriculture.

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