Bank CenterCredit SME/MSE Loan



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

17 Jun 2008



PSD disclosed:

09 May 2008

Project Description

The project envisages a senior unsecured loan to Bank Center Credit (“BCC”) in the total amount of USD 50 million with maturity of 5 years to be used for on-lending to micro, small and medium sized enterprises (MSME) across Kazakhstan.

Transition Impact

The project will support the development and expansion of BCC’s MSME business at a time when access to financing for small businesses has become particularly difficult in Kazakhstan. A 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 Technical Assistance aimed at the introduction of 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 Center Credit is a universal mid-size bank with historical focus on Micro and SME lending and individuals. The bank operates a wide network of branches in Kazakhstan, and, thus, has a great potential to serve MSMEs nationwide, including in remote regions.

BCC is the sixth largest bank in Kazakhstan with total assets and equity of USD 7.3 billion and USD 591 million respectively as of end 2007.

EBRD Finance

A senior loan of USD 50 million.

Project Cost

USD 50 million.

Environmental Impact

Bank Centre Credit is the Bank’s existing client. BCC is already implementing as well is 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

BCC will be provided with TC aimed at improving the efficiency of MSE lending by introduction of Credit Scoring Methodology.

The bank has previously received TC support under the KSBP programme from the EU, US and Japan.

Company Contact

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

Ms Dilyara Yermakova ,
Deputy Head 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

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Share this page: