Sub-projects signed under this framework
Translated version of thie PSD: Russian
Project Description
The EBRD is considering a 5 year senior loan to Bank CenterCredit in the amount of KZT 9.3 billion (ca. USD 50 million). The financing will be used for on-lending to eligible private micro, small and medium sized enterprises (MSMEs) in Kazakhstan.
Transition Impact
The proposed project will improve the 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, the administrative and financial capitals of Kazakhstan.
The Client
Bank CenterCredit is a midsized bank with total assets of USD 6.1 billion and capital of USD 493 million as of 1 March 2015. The bank operates a well-developed network of branches and has good capacity to serve MSMEs across the country, including in remote regions of the country.
EBRD Finance
A senior loan of KZT 9.3 billion.
Project Cost
KZT 9.3 billion.
Environmental Impact
Categorised FI. The project is not associated with significant environmental and social issues. Each participating FI is required to comply with PR2 and PR9 as well as submit Annual Environmental and Social Procedures.
Technical Cooperation
The Project is expected to be supported by TC programmes to assist PFIs with strengthening their internal capacities for expansion of their MSME lending operations including in the areas of underwriting, risk management and monitoring functions, business processes, MIS and staff training.
Company Contact
Mr Timur Gabasov
Director of Treasury Department
Tel: +7 (727) 2 598-549
Fax: +7 (727) 2 598-622
E-mail: timur.gabasov@bcc.kz
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
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
