On March 12, the Kazakhstan Stock Exchange (KASE) held an annual award ceremony for companies that participate in the capital market. Among the awarded - JSC «Development Bank of Kazakhstan» (subsidiary of JSC «NMH «Baiterek»), DKNews.kz reports.
The Bank received a diploma «For the pursuit of transparency», with which KASE noted the Bank’s experience in disclosing information to investors and building communications with them on the stock exchange. It also generally reflects the work of the Financial Institution in increasing its openness to all stakeholders, including primarily the general public of the country.
In addition, DBK was awarded in the category «Leader of the ESG Bond Market». Let us recall, on March 29, 2023, the Bank placed on KASE its debut «green» bonds worth 10 billion tenge. The funds were used to support KEGOC’s project to modernize energy infrastructure in the western regions of Kazakhstan. Separately, DBK has «green» bonds, which were first certified by Climate Bonds Initiative in Central Asia, which means that the securities meet world standards.
The introduction of ESG principles into the activities of the Bank and its borrowers is one of the main directions of the Bank’s new Development Strategy 2024-2033.
