Bank CenterCredit SME Loan II



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

03 Nov 2009



PSD disclosed:

12 Oct 2009

Project Description

The EBRD is considering providing a senior unsecured loan to Bank CenterCredit (“BCC”) in the total amount of $50 million with maturity of 5 years to be used for on-lending to micro, small and medium-sized enterprises (MSMEs) across Kazakhstan.

Transition Impact

The project will support the development and expansion of BCC’s MSMEs business at a time when access to financing for small businesses remains difficult in Kazakhstan. Special focus will be given to the distribution of funds through branches outside of Almaty and Astana, the financial and the administrative capitals of Kazakhstan.

The project will be supported by introducing credit scoring methodology to upgrade the bank’s existing systems and policies for MSE lending, and thus, enabling BCC to reach an increased number of MSEs.

The Client

Bank CenterCredit is a universal mid-size bank with a historical focus on Micro and SME lending and individuals. As of 30 June 2009, BCC was the fifth largest bank in Kazakhstan with the total assets of $6.5 billion and Tier 1&2 capital of $1.1 billion.

EBRD Finance

A senior loan of $50 million.

Project Cost

$50 million.

Environmental Impact

Bank CenterCredit is an existing EBRD client. BCC is already implementing , and will be required to continue to implement the Bank’s Environmental Procedures for Small and Micro Loans, including compliance with the applicable national environmental, health, safety and labour standards and regulations, adherence with EBRD’s Environmental Exclusion and Referral Lists and submission of annual environmental reports to the Bank.

Technical Cooperation


Company Contact

Mr Timur Ishmuratov,
Managing Director of International Department
Tel: + 7 727 2588952
Fax: +7 727 2597365

Ms Dilyara Yermakova ,
Deputy Director of International Department
Tel: + 7 727 2588952
Fax: +7 727 2597365

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

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Text of the PIP

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