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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

50 projects will receive concessional financing in Aktobe region

May 25, 2016 6:40 pm

Press conference was held in Akimat of Aktobe region on the results of the implementation of state business support programs. The press conference were attended by director of entrepreneurship administration of region Bagzhan Tlegenov, director of the regional branch of the "Damu" Fund Zhedelbek Murzagaleev, director of Financial Support of Agriculture Fund Gulzhanat Yergazina, director of the branch of "KazAgroFinance" Korgan Nurtazin, Director of JSC "Agrarian Credit Corporation" Dana Bekbauova as well as directors of branches of commercial banks.

- We have noticed an increase in projects in rural areas, more than half of loans were issued for the village. Together with the regional Akimat there are 900 million tenge will be allocated for lending of rural entrepreneurs and youth, loans will be issued under 8,3%, - reports the director of the branch of the Fund "Damu" Zhedelbek Murzagaleev.

At present, according to Zh. Murzagaleeva, about 50 projects for a total amount of 850 million tenge are ready to be financed.

As it is known, in the past year the Fund "Damu" and Akimat of Aktobe region have signed a memorandum in the amount of 900 million tenge for the financing of projects from the village. 300 million tenge of them are from the Fund and 600 million tenge are from the local budget. There are three banks identified, through which the projects will be funded- Halyk Bank, CenterCredit Bank and RBK Bank.