Emblem
Official Source of the
Prime Minister of the
Republic of Kazakhstan
Menu
Emblem
Close button

Over 9 thousand applications approved by banks in framework of housing program "7-20-25" — National Bank of Kazakhstan

Tuesday, 13 August 2019, 12:19:38

At the Government session chaired by Prime Minister Askar Mamin, Chairman of the National Bank Erbolat Dossaev reported that in July 2019 monthly inflation was 0.2%. Annual inflation remained at 5.4%. The current level of the base rate (at the level of 9.00% with the corridor +/- 1 pp) and monetary conditions ensure the preservation of inflation in 2019 within the target corridor of 4-6%.

“Despite the seasonal decline in prices for fruits and vegetables, deflationary processes characteristic of the summer period are not observed,” Dossaev informed.

Banks continue to increase lending activity. For April-June 2019, after bank recovery process held in the 1st quarter 2019, the loan portfolio increased by 3.5%, or 433.6 billion tenge and amounted to 12.9 trillion tenge. Long-term loans amounted to 11 trillion tenge, short-term — 1.9 trillion tenge.

Deposits in national currency increased by 5.5% since the beginning of 2019. Deposits in foreign currency decreased by 19.8%. As a result, deposit dollarization fell to 41.6% at the end of June.

In the framework of the Program “7-20-25,” on Aug. 8, 2019, 16,677 applications for 188.3 billion tenge were accepted, of which 9,813 applications for 112.7 billion tenge were approved by banks.

In the framework of the implementation of the Presidential Decree “On Measures to Reduce the Debt Burden of Citizens of the Republic of Kazakhstan,” the Government and the National Bank, together with banks and microfinance organizations, are working in two directions.

The first is debt repayment of up to 300 thousand tenge for unsecured consumer loans for socially vulnerable segments of the population.

Work was carried out to collect information on debt according to the lists of citizens, a list was prepared for payment. The debt repayment will be completed by the end of August 2019. This will allow, according to preliminary data, 508 thousand citizens of the country to receive state support of 105.5 billion tenge. Citizens do not need to contact banks and microfinance organizations, the work on paying off the debt will be done by the lenders themselves, after which the lenders will send appropriate notifications to each borrower.

The second is to write off to all Kazakhstanis the fines and penalties calculated for July 1, 2019, for interest on unsecured consumer loans. By July 30, 2019, banks and microfinance organizations wrote off fines and penalties for unsecured consumer loans to 1.2 million citizens for a total of 33.6 billion tenge. Until Aug. 20, 2019, the National Bank will reimburse 30% of expenses incurred by these organizations.


News feed
03 June 2020, 02:14
Increased funding and local content: Low housing construction developed in Kazakhstan
02 June 2020, 11:13
Over 131 thousand students to take part in UNT in 2020 — Ministry of Education and Science
02 June 2020, 10:40
Employment measures planned to reach 1 million 220 thousand people in 2020 — Ministry of Labor
02 June 2020, 10:33
Prime Minister Askar Mamin instructs to ensure high-quality implementation of UNT in compliance with sanitary requirements
02 June 2020, 10:19
Employment is of paramount importance — Askar Mamin
01 June 2020, 18:57
Algorithms for operating tourist facilities developed in Kazakhstan
01 June 2020, 16:27
Government session to be held June 2 in Ukimet Uyi
29 May 2020, 18:15
Prime Minister Askar Mamin: It is necessary to strengthen the factor of self-sufficiency of CIS countries
29 May 2020, 15:56
Interdepartmental Commission decides to remove checkpoints and resume activities of several industries
28 May 2020, 15:12
Two hundred and thirty best specialists in 11 industries work to increase competitiveness of Kazakhstan
28 May 2020, 01:23
Oil production, gas supply and investment attraction — review of energy sector in Kazakhstan
27 May 2020, 11:36
Prime Minister of Kazakhstan Askar Mamin presented Dostyk Order to UAE Ambassador Mohammed Al-Jaber
26 May 2020, 19:52
Intergovernmental Commission considers issues of strengthening quarantine enforcement
26 May 2020, 11:43
Steady growth of 4% maintained in livestock industry — Ministry of Agriculture
26 May 2020, 11:04
In 2020, it is planned to sow crops on area of ​​22.5 million hectares — Ministry of Agriculture
26 May 2020, 10:51
Efforts in livestock development will be aimed at increasing self-sufficiency and exports — Askar Mamin
26 May 2020, 10:18
Kazakhstan has real potential to become one of world’s food hubs — Askar Mamin
25 May 2020, 22:33
Modernization of pharmaceutical industry and production of protective products: How Kazakhstani enterprises developed during emergency state
25 May 2020, 19:39
Interdepartmental Commission decides to resume several types of activities in regions
25 May 2020, 15:01
Government session to be held May 26 in Ukimet Uyi
24 May 2020, 11:00
Video Digest: Main events of the week, No. 62
24 May 2020, 08:38
Prime Minister Askar Mamin congratulated Kazakhstanis on Oraza Ait
23 May 2020, 22:19
Small and medium-sized enterprises, investment, and exports: What Almaty region focused on
23 May 2020, 21:38
Video Digest: Results of Prime Minister Askar Mamin’s working trip to Almaty region
23 May 2020, 17:26
Prime Minister Askar Mamin gets acquainted with state of hydraulic structures and implementation of development programs in Almaty region
22 May 2020, 16:24
Prime Minister Askar Mamin inspects restoration works in Maktaaral district of Turkistan region
21 May 2020, 12:44
Capital should be an example for all regions — Askar Mamin
20 May 2020, 18:00
Roman Sklyar discusses development of bilateral cooperation in engineering with German companies
19 May 2020, 15:22
Since beginning of 2020, 118 thousand people employed under Enbek program — Birzhan Nurymbetov
19 May 2020, 14:08
Ruslan Dalenov: Main goal of implementing Integrated Plan — to ensure employment of people
19 May 2020, 13:53
Each year, state will purchase 365 thousand tons of agricultural products
19 May 2020, 12:36
Who can purchase housing under new program 5-10-20
19 May 2020, 11:49
Integrated plan to help restore economic activity by the end of 2020 — Ruslan Dalenov
19 May 2020, 10:02
Government adopts Integrated Plan for Recovering Economic Growth
19 May 2020, 09:01
Prime Minister Askar Mamin introduces new minister of finance
19 May 2020, 08:25
Roman Sklyar inspects progress of restoration work in Turkistan region
18 May 2020, 21:03
Total supply of socially significant food products in Kazakhstan is 720 thousand tons
18 May 2020, 17:44
Interdepartmental Commission considers epidemiological situation in the country
18 May 2020, 17:03
Government session to be held May 19 in Ukimet Uyi
17 May 2020, 21:09
Fighting against unemployment and improving adjacent villages — how East Kazakhstan region developing today
17 May 2020, 09:39
Video Digest: Main events of the week, No. 61
16 May 2020, 21:33
Video Digest following Prime Minister Askar Mamin’s working trip to East Kazakhstan Region
16 May 2020, 14:36
Prime Minister Askar Mamin inspects development of Semey city and preparations for 175th anniversary of Abay
15 May 2020, 16:22
Prime Minister Askar Mamin inspects progress of spring field work and socio-economic development of East Kazakhstan region
14 May 2020, 22:52
From agriculture to tourism or how Akmola region develops its key industries
14 May 2020, 18:14
Government delegation led by Deputy Prime Minister Yeraly Tugzhanov pays working visit to Atyrau region
14 May 2020, 17:14
Labor market after emergency state: Number of vacancies and resumes increased
14 May 2020, 17:01
Prime Minister Askar Mamin holds board meeting of Baiterek Holding
14 May 2020, 13:25
Prime Minister Askar Mamin inspects progress of sowing in Akmola region
13 May 2020, 17:43
New package of measures to reopen economic sectors
© 2019 - 2020 Press service of the Prime Minister of the Republic of Kazakhstan.
Developed by SoftDeCo.