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JSC "Industrial Development Fund" informs about the program of financing preferential car loans

JSC "Industrial Development Fund" informs about the program of financing preferential car loans

JSC "Industrial Development Fund" (hereinafter - the Fund) informs about the allocation of the next tranches under the program of financing preferential car loans to the banks of JSC "Eurasian Bank" and JSC "Halyk Bank of Kazakhstan". The allocated amount of limits is:

  • Eurasian Bank JSC - 10 billion tenge;
  • JSC Halyk Bank of Kazakhstan - 7.5 billion tenge.

Thus, within the framework of the program, 90 billion tenge were transferred to participating banks, of which:

  • Eurasian Bank JSC - 25 billion tenge;
  • Bank Center Credit JSC - 27.5 billion tenge;
  • JSC Halyk Bank of Kazakhstan - 22.5 billion tenge;
  • Forte Bank JSC - 15 billion tenge.

After the development of the allocated tranche, the remaining limit in the amount of 10 billion tenge will be allocated to Eurasian Bank JSC.

To date, the participating banks have approved 10,888 applications for a total of 82 billion tenge and issued 4,847 cars.

It should be noted that the unallocated limit of the total amount of 90 billion tenge is 8 billion tenge. Applications for a car loan within this amount are accepted only by Eurasian Bank JSC and Halyk Bank of Kazakhstan JSC. The remaining banks participating in the program have fully mastered the allocated limits.

Further provision of new car loans will be carried out by participating banks within the framework of a revolving lending mechanism at the expense of repaid loan payments by primary borrowers.

Министерство индустрии и инфраструктурного развития РК
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Банк развития Казахстана