National Fund allocates 100 billion to support business activity in Kazakhstan
21:49, 24 December 2014
ASTANA. KAZINFORM - In 2015 and 2016 the National Fund of the Republic of Kazakhstan will allocate 100 billion tenge annually to further support business activities in the country, according to the joint statement made by the Government and the National Bank.
These funds will be allocated for lending small, medium and large businesses, using the existing programs of interbank lending of "Entrepreneurship Development Fund" Damu" JSC and "Development Bank of Kazakhstan" JSC. 100 billion tenge will be allocated for financing SMEs, and 100 billion tenge for budgeting large businesses.