| Project Detail |
Location:
Kazakhstan
Project number:
53446
Business sector:
Financial institutions
Notice type:
Private
Approval date:
22 Jun 2022
Status:
In Exploratory, Pending Final Review
PSD disclosed:
13 May 2022
The provision of a 3-year local currency senior loan in the amount of up to US$ 40 million in KZT equivalent to Bank CenterCredit JSC (BCC). The financing will be used for on-lending to eligible private micro, small and medium enterprises (MSMEs) in Kazakhstan.
Project Objectives
The Project continues to support local currency lending to the MSME sector in Kazakhstan by providing long-term financing to BCC, one of the largest lenders in the country. A special focus will be given to the distribution of funds in regions outside the cities of Nur-Sultan and Almaty. |
