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On January 27, 2021, a Memorandum of Cooperation between Damu Fund and the World Bank was signed at Damu Fund Headquarters. The document is concluded to express the official position of Damu Fund to continue to work with the World Bank, to confirm the intention of further interaction officially between the two Parties. The Memorandum regulates the following forms of cooperation: exchange of knowledge, ideas and experience; planning of joint activities in areas of common interest; joining efforts to promote, prepare and organize events such as conferences and training seminars.
On April 22, 2021, at the request of the World Bank, an online meeting of Damu Fund Front Office representatives (subsidy, guarantee, concessional lending, funding, and analytics) was held to discuss Damu Fund operations. The meeting was held as part of the World Bank’s background note “MSME Financing, Digitalization and Greening for Sustained Productivity”.
On November 12, 2021, Baiterek Holding’s management met with the representatives of the World Bank to discuss green economy issues and the World Bank’s assistance in improving support tools for Baiterek Holding’s subsidiaries in terms of green economy. It has been agreed to hold separate meetings with Baiterek Holding’s subsidiaries to develop recommendations for improving their support tools.
