Eurasian Development Bank and Eurasian Resources Group sign credit facility extension memo


The Russia-led Eurasian Development Bank (EDB) and Kazakhstan-based Eurasian Resources Group (ERG) signed a memorandum of cooperation during the recently held St Petersburg International Economic Forum.

The memorandum sees the EDB agreeing to consider extending a credit facility to Sokolov-Sarbai Mining Production Association (SSGPO) for pre-export financing along with financing for the...