Translated version of this PSD: Russian
The project envisages a senior loan to Sberbank Kazakhstan in the total amount of up to KZT15 billion (USD 100 million equivalent) with maturity of 5 years to be used for on-lending to micro, small and medium sized enterprises (MSME) across Kazakhstan.
The proposed loan will support and improve local MSMEs’ access to long term funding in local currency in light of growing demand for MSME lending in the country. A special focus will be given to the distribution of funds through SBK branches outside of Almaty and Astana, the financial and the administrative capitals of Kazakhstan
Sberbank Kazakhstan is the fifth largest bank in the country with total assets of USD 5.6 billion and capital of USD 619 million as of 1 May 2013. The bank operates a wide network of branches in Kazakhstan, and has a good potential to serve MSMEs nationwide, including in remote regions.
A senior loan of KZT 15 billion.
KZT 15 billion.
Categorised FI: SBK will be required to comply with PRs 2 and 9, implement the Bank’s Environmental and Social Procedures for Small and Micro Loans and submit Annual Environmental and Social reports to the Bank.
Ms Valentina Nagay
Director of International Relations and Trade Finance Department
Phone: +7-727-2509280 (ext 1233)
Fax: +7-727- 2500063
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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Independent Project Accountability Mechanism (IPAM)
If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).
IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.
Please visit the Independent Project Accountability Mechanism webpage to find out how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.