Subsidizing projects under the lending facility for priority projects
Maximum amount:
no limits
Subsidy amount:
% subsidy amount 6% final rate per borrower
Term
up to 10 years
Loan purpose:
Investments;
financing working capital
How to apply
1
Consulting
2
Preparation of documents
3
Submitting an application
4
Approval
Interest rate on the loan: 15% per annum.
Subsidy amount: up to 9% of nominal rate of return.
The purpose of the project: investments and working capital refinancing. Refinancing of working capital on a renewable basis is allowed.
Maximum amount for one borrower: without restrictions, in case of crediting a project in manufacturing industry and services in the amount of more than 10 billion tenge or in production and processing in the agro-industrial complex in the amount of 500 million tenge, a positive conclusion of the relevant industrial central authorized body is required.
Subsidy term:
– for investments — 10 years without further extension of the subsidy term;
– for refinancing working capital — 3 years without further extension of the subsidy term.
Loan refinancing: not provided.
Current loans: 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 are allowed.
Participants:
privately held large, medium and small businesses.
