Nurbank to finance construction of social facilities in Pavlodar region
PAVLODAR. November 7. KAZINFORM /Vera Livintsova/ Memo on mutual cooperation was signed by Governor of Pavlodar region Bakhytzhan Sagintayev and CEO of "Nurbank" JSC Marat Zairov Friday.
The interaction of the state and the financial institution will allow to support small and medium business on the terms of co-financing, develop industrial enterprises, implement innovative projects and refresh programs of mortgage lending.
The Head of the region noted that the second-tier banks reduced lending of projects of small and medium business by 30%. The cooperation with Burbank will allow to finance the construction of greenhouses and vegetable stores of social importance for the region.
M.Zairov noted, that the bank has worked in Pavlodar region for seven years, participating in the Program of the Kazakh Government on stabilization of the economy and financial system for 2009-2010.