Kazakhstan’s ERG Agrees Reduction of Loan Interest Rates

摘要

Eurasian Resources Group (ERG) of a Kazakhstan diversified resources company released lately to have singedan agreement of the reduction of loan interest rates with Sberbank of Russia. Benedikt Sobatka, CEO of ERG, said, “Thereduction of interest rates has been made possible by the overall improvement of the Group’s financial position, whichallows us to optimize debt servicing costs and allocate funds for the implementation of promising projects,” and so on.