Translated version of this PSD: Russian
The EBRD is considering a 5 year senior loan to Bank CenterCredit in the amount of KZT 10 billion (ca. US$ 55 million). The financing will be used for on-lending to eligible private micro, small and medium sized enterprises (MSMEs) in Kazakhstan.
The proposed project will improve an access to long-term funding in local currency for MSMEs in the country. A special focus will be given to the distribution of funds in the regions outside Astana and Almaty, administrative and financial capitals of Kazakhstan.
Bank CenterCredit is a midsized bank with total assets of US$ 6.4 billion and capital of US$ 485 million as of 1 October 2014. The bank operates a well-developed network of branches and has a good capacity to serve MSMEs across the country, including in the remote regions.
A senior loan of KZT 10 billion.
“Categorised FI. The project is not associated with significant environmental and social issues. Each Participating FIs is required to comply with PR2 and PR9 as well as submit an Annual Environmental and Social Procedures”.
The project will be accompanied by a TC Programme to assist Bank CenterCredit with further strengthening and improvement of its institutional capacities in the MSME area.
Mr Timur Gabasov
Director of Treasury Department
Tel: +7 (727) 2 598-549
Fax: +7 (727) 2 598-622
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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