To ensure the growth of investment opportunities of the Bank and the formation of a positive image of Kazakhstan, much attention is paid to the development of cooperation with international financial organizations.
We try to learn and use the experience of other successful development institutions through participation in various associations, interaction with international institutions and continuous training.
The expansion of the Bank's business ties makes it possible to actively cooperate not only with major financial institutions, but also to attract foreign investors to the country in order to solve the problems of economic diversification as soon as possible.
Since its inception, the Bank has signed a number of memorandums and agreements with such organizations as the world Bank, HSBC, Merrill Lynch, European Bank for Reconstruction and Development, Bank of Tokyo Mitsubishi UFJ, etc.
On August 23, 2022, the Bank took part in the meeting of the Council of the Interbank Association of the Shanghai Cooperation Organization (Tashkent city, Republic of Uzbekistan).
Within the framework of this Council, the following documents were signed:
- Plan of the joint actions of the SCO IBC member banks to support and develop intra-regional economic cooperation of the SCO in the medium term
- Framework principles of interaction and cooperation of the banks-members of the SCO IBC in the financial sector.
On June 29, 2022, the Strategic Cooperation Agreement was signed with China Construction Bank in the amount of $300 million.
On June 28, 2022, the Memorandum of Understanding was signed on the intention to cooperate on the creation of a national ESG club.
On May 16, 2022, the Bank took part in the regular Meeting of experts and coordinators of the Member Banks of the Interbank Association of the Shanghai Cooperation Organization (Bukhara city, Republic of Uzbekistan).
On March 31, 2022, the Additional Agreement to the Loan Agreement was signed with JP Morgan Chase Bank, N.A. to attract a loan in the amount of USD 120 million to finance the investment project of «Kaz Minerals Aktogay» LLP for «Construction of the Aktogay mining and processing plant in the East Kazakhstan region» under the insurance coverage of the export credit agency EKF.
2021 year. In May 2021 the Bank took part in the Meeting of Experts and Coordinators of the IBO SCO; In September 2021 the Bank took part in the meeting of Council of Heads of the SCO IBC within the framework of which the Strategy for the further development of the Interbank Association of the Shanghai Cooperation Organization was signed for the medium term (2022-2026); On October 4, 2021, within the framework of the Kazakh-Spanish Business Council, a Memorandum of Understanding was signed with ECA CESCE. On October 5, 2021, within the framework of the Kazakh-Spanish Business Council, a Memorandum of Understanding was signed with COFIDES. On December 31, 2021, a Loan Agreement was signed with JP Morgan Chase Bank, N.A. to attract a loan in the amount of USD 120 million in order to finance the investment project of «KazMineralsAktogay» LLP «Construction of the Aktogay mining and processing plant in the East Kazakhstan region» under the insurance coverage of the export credit agency EKF.
In January 8, 2020, a Memorandum of Understanding on export financing was signed between Development Bank of Kazakhstan JSC and JSC Commerzbank of Tajikistan.
In April 2020, DBK took part in the Meeting of Experts and Coordinators of the SCO ICO, as well as in the SCO ICO Seminar with the participation of the Chairman of the Bank.
In October 2020, during the meeting of the Council of Heads of the SCO ICO, the following were signed: The Roadmap for overcoming the consequences of the pandemic and Approaches for conducting mutual settlements in national currencies.
In December 9, 2020, a loan agreement was signed with the EDB to open a credit line in the amount of 5.7 billion rubles. Also within the framework of the First Eurasian Congress, a memorandum of cooperation was signed between VEB.RF, DBK, BRRB, and EDB.
In April 2019, the Bank and China Development Bank signed a Loan Agreement to finance projects within the framework of the international forum One Belt and One Road Initiative.
In June 2019, the Development Bank headed by the Chief Executive Officer took part in the XV Council meeting of the Interbank Association within the Shanghai Cooperation Organization (IBA SCO). In June 2019, representatives of the Development Bank of Kazakhstan with the cooperation of the Embassy of the Republic of Kazakhstan in Poland discussed the possibility of enhancing close coordination with Polish colleagues – the National Development Bank of Poland Bank Gospodarstwa Krajowego.
On September 11, 2019, during the visit to participate in the Kazakhstan-China Business Council in China, the Bank and the State China Development Bank signed a Framework agreement worth up to 1.500.000.000 yuan for the purposes of deal capture in yuan. On September 24-26, 2019, the Bank’s delegation, within the framework of participation in the JP Morgan Emerging Markets Credit Conference, held a roadshow with more than 30 companies representing institutional investors, portfolio managers, foreign banks, etc.
In December 2019 Development Bank of Kazakhstan within official visit of the President of the Republic of Kazakhstan K. Tokayev to Germany signed the following documents:
2018 year. In June 2018, as part of the regular meeting of the SCO IBO Council, a General agreement was signed between the Bank and the state Development Bank of China to Finance the Bank's investment projects.
The Bank entered into a loan agreement with a syndicate of banks consisting of Sumitomo Mitsui Banking Corporation Europe Limited, Bank of Tokyo-Mitsubishi UFJ Ltd., Deutsche Bank Hong Kong Branch, Credit Agricole Corporate and Investment Bank, under Sinosure insurance coverage to finance the investment project "Reconstruction and modernization of Shymkent refinery". For the agreement, an award was received for the best deal to attract a syndicated loan.
In April, DBK successfully placed the second issue of Eurobonds denominated in Tenge in the amount of 100 billion Tenge. Compared to the previous issue of Tenge Eurobonds, carried out in December 2017, the Bank has achieved an increase of the loan duration from 3 to 5 years and a reduction of the coupon rate from 9.5% to 8.95% per annum.
At the end of 2018, the delegation of Baiterek Holding and the Development Bank, headed by the Chief Executive Officer of Baiterek Holding, paid a working visit to the Republic of Korea in order to further develop bilateral cooperation between the Republic of Kazakhstan and the Republic of Korea. The program of the visit included business meetings with the heads of major Korean companies, such as K-Sure Trade Insurance Corporation, KOLON Investment, EximBank, etc. During the meeting with Korea EximBank, the parties noted with satisfaction the work carried out to attract Korean financial institutions to the Kazakhstan market, and also noted the feasibility of opening a credit line of Korea EximBank for the implementation of investment projects in the Republic of Kazakhstan.
In November 2018, the Development Bank took part in the XIII international conference "Eurasian economic integration" in Moscow, where the issues of trade finance and the role of export agencies in supporting the integration processes were discussed.
2017 year. From October 26, 2016 to October 25, 2017 - the Development Bank of Kazakhstan headed the Interbank Association of the Shanghai Cooperation Organization (hereinafter - the SCO IBO). During this period, DBK held a meeting of experts and coordinators of banks - members of the SCO IBO, a meeting of the SCO IBO Council and the Forum of the Interbank Association of the SCO and the SCO Business Council.
During the Bank’s chairmanship in the organization, the Strategy for Further Development for 2017–2021 of the IBO SCO was adopted, and a number of memorandums were signed. In particular, on the basis of partnership with the silk road Fund, on mutual understanding between the Development Bank of Kazakhstan and Vnesheconombank of Russia to support export financing, on mutual understanding between the Development Bank of Kazakhstan and JSC RSK Bank to support export financing, on mutual understanding on export financing between the Development Bank of Kazakhstan and JSC ASB Belarusbank.
December 14, 2017 DBK made a debut issue for Kazakhstani issuers (for a wide range of foreign and domestic investors) of Eurobonds denominated in KZT for the amount of KZT 100 billion. 98% of the volume of issue of securities was acquired by international investors.
2016 year. During the official visit of the President of the Republic of Kazakhstan N.A. Nazarbayev to Poland, DBK signed a Framework cooperation Agreement with the state Bank of Poland, "Bank Gospodarstwa Krajowego", aimed at strengthening and expanding trade and economic relations between Kazakhstan and Poland. The framework Agreement provides for the implementation of joint projects worth up to 300 million. EUR.Euro
Also this year, BRK-Leasing JSC (a subsidiary of BRK) opened a long-term leasing financing for the project on the supply of tank wagons for the organization of railway cargo transportation of "Eastcomtrans" LLP.
The deal in the amount of more than 1.1 billion tenge was the first project financed on the terms of Islamic leasing - "Ijara". The source of funding was the funds raised by the Bank in 2012 during the debut issue of Islamic bonds "Sukuk"for the issuers of the CIS countries.
2015 year. DBK signed a framework insurance coverage Agreement with China Expor&Credit Insurance for up to USD 400 million.
The Bank reached agreements with Sumitomo Mitsui Banking Corporation (SMBC) to raise a loan of up to 37.2 million USD. SMBC loan for up to 7 years is aimed at General corporate purposes of DBK, including financing or replacement of sources of financing of investment projects of the Bank.
In 2015, the Development Bank joined the international credit markets Association (Loan Market Association). This step has been taken in the framework of the implementation by the Bank of syndicated financing of investment projects.
2014 year.DBK concluded a framework agreement with HSBC Bank plc. to open a credit line for the total amount of EUR 500 million to cover export credit agencies of different countries.
The Bank also signed an agreement of intent with CJSC "State specialized Russian export-import Bank" on the development of strategic partnership in various fields, including through financial support of export-import operations between the companies of Kazakhstan and Russia.
2013 year. "The Banker" has awarded JSC "Development Bank of Kazakhstan" in the category "Deal of the year 2013". Also, DBK was awarded one of the largest rating agencies in Asia RAM Ratings as part of its entry into the Malaysian market with the issue of Islamic bonds "Sukuk "al-Murabaha".
2007 year. From October 2007 to October 2008-the development Bank of Kazakhstan headed the SCO IBO.
2003 - 2011 year. The Bank is a member of the Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) and is a member of the Board of Directors.