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The 5th Business Forum of Conference on Interaction and Confidence Building Measures in Asia (CICA), 10-11 of November 2016, Astana, Kazakhstan

RBK Bank is willing to credit beginning entrepreneurs.

March 6, 2013 9:29 am

March 4 this year in Almaty Fund "Damu" met with representatives of «Bank RBK» JSC, which were presented to the tools of financial support for small and medium-sized businesses: the subsidies and guarantees, the program stipulated placement of resources in the commercial banks, as well as a program of non-financial business support.

Representatives of Bank RBK has expressed readiness to actively promote the instruments of state support among its existing and potential customers, as well as to consider the possibility of participating in the individual programs of stipulated placement of resources.
In particular, representatives of Bank RBK were interested in the topic of financing start-ups that lend to beginning entrepreneurs for new business projects.
"We want to work towards more active than it is now, especially in the regions, - said the director of Small and Medium Enterprises Bank RBK Regina Ogataeva. - For us it was important to know that Fund "Damu" is ready to discuss our proposal and prepared to share with us the risks for granted credits".

In 2013 Fund "Damu" plans to pay grants to more than 2500 projects and to provide at least 400 loan guarantees. Appropriate resources are allocated for the implementation of these instruments in the state budget.

Subsidizing allows entrepreneurs to receive loans from banks just 7% and below, making it possible to guarantee a loan, even without sufficient collateral.
In addition, in this year Fund “Damu” is implementing a program on subsidized loans for projects executed in mono-towns. A unique feature of the program is lack of sectoral restrictions to help keep projects implemented in all sectors of the economy. Subsidy rate is 7%.

One of the most urgent and important topics for entrepreneurs is monitoring. In this direction Fund “Damu” also does not stand still: at this time the company is working on simplifying procedures for implementation of projects on monitoring.