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The Mechanism of Lending Under Priority Projects

Purpose of projects

Investment and working capital financing. Working capital financing on a renewable basis is allowed. To confirm the purpose of the project, it is enough to release one type of goods from the List (link to the CCЕA List file), attached to a particular type of CCEA. For the service sector, reference to the CCEA types will be the criterion of compliance.

Business entity

Private entrepreneurs (small, medium and major business)

Interest rate on the loan

6% paid by a private business entity

Subsidy amount

Up to 9% of the nominal interest rate

Loan currency

Tenge

Maximum amount for one borrower

Unlimited*

Investment Subsidy Term

7 years, without further extension of the subsidy term

WCF Subsidy

Subsidized in the amount of up to 50% of a loan that has an investment goal of at least 50%

WCF Subsidy Term

3 years, without further extension of the subsidy term

Loan re-financing

Not provided

Current loans

Allowed are the loans issued by banks after the entry into force of the Decree of the Government of the Republic of Kazakhstan dated 11 December 2018 No. 820

* In the case of lending under a project in processing industry and services for more than 10 billion tenge or production and processing in the agro-industrial complex in the amount of 500 million tenge, a positive conclusion of the relevant industry central authorized body is required.

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