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Kazakhstan and Russia sign agreement on development of unmanned transport

Government

Kazakhstan and Russia sign agreement on development of unmanned transport

09:26, 2 April 2026

ADB Boosts Women’s Access to Affordable Housing, Promotes Green Mortgages in Kazakhstan News from Country Offices | 01 April 2026 SHARE THIS PAGE ASTANA, KAZAKHSTAN (1 April 2026) — The Asian Development Bank (ADB) has approved a 90 billion tenge ($173.6 million equivalent) loan to Otbasy Bank JSC to expand access to affordable housing finance for women and offer green mortgage products for low- to moderate-income households across Kazakhstan. The Promoting Inclusive and Green Housing Finance Project will provide residential mortgage financing to more than 2,000 eligible households, prioritizing women borrowers. It will also support the development of a green mortgage finance framework that can be replicated across Kazakhstan’s banking sector, encouraging the construction and financing of more affordable, energy-efficient housing. “Our partnership with Otbasy Bank on the Umai Program showed how access to affordable mortgages can change the lives of women and broaden their economic opportunities,” said ADB Country Director for Kazakhstan Utsav Kumar. “The new project takes the program’s success further by including green mortgage products that will help households reduce energy costs and promote sustainable housing.” Women compose over half of Kazakhstan’s population, yet they earn about 25% less than men on average. This persistent gender gap continues to limit their access to housing finance and underscores the need for a long-term solution. The high proportion of the country’s energy-intensive housing—estimated at more than 80%—also highlights the crucial role of green mortgage products in boosting energy efficiency and affordability for households. To further advance support, ADB also approved a $500,000 technical assistance—equally financed with Otbasy Bank—to strengthen Otbasy Bank’s capacity to assess and mitigate climate risks and integrate environmental, social, and governance risk management practices into its housing finance operations. Kazakhstan joined ADB in 1994. Since then, ADB has committed more than $8 billion in loans, grants, and technical assistance to support the country’s development across key sectors, including public sector management, transport, finance, and energy. ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members—50 from the region.

Economy

ADB boosts women’s access to affordable housing, promotes green mortgages in Kazakhstan

09:11, 2 April 2026

Tashkent hosts Space Technology Conference-Central Eurasia 2026

Science

Tashkent hosts Space Technology Conference-Central Eurasia 2026

08:32, 2 April 2026

Trouble focusing may be both a cause and result of teen depression

Science

Trouble focusing may be both a cause and result of teen depression

08:00, 2 April 2026

Science

NASA successfully launches historic Artemis II moon mission

07:36, 2 April 2026

Scorching heat and dust storms to batter Zhambyl region in April

Regions

Scorching heat and dust storms to batter Zhambyl region in April

07:15, 2 April 2026

Geopolitical Agenda

Trump threatens to hit Iran "extremely hard" in coming weeks as he claims discussions ongoing

06:59, 2 April 2026

Weather

What to expect from Thursday’s weather in Kazakhstan

05:42, 2 April 2026

Kazakh Foreign Minister holds talks with Saudi Ambassador

International Relations

Kazakh Foreign Minister holds talks with Saudi Ambassador

04:30, 2 April 2026

Kazakhstan, Pakistan boost partnership in tourism sector

Tourism

Kazakhstan, Pakistan boost partnership in tourism sector

03:26, 2 April 2026